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Market Overview
GBP/JPY closed at 211.69988 on January 11, 2026, reflecting a marginal increase of 0.01% from the previous close, yet maintaining a downtrend consistent with recent price action. Over the past 30 days, the pair has shown a modest 4.76% gain but continues to face bearish pressure. Upcoming UK inflation data and Bank of England policy statements may influence near-term volatility. Technically, the 20-, 50-, and 200-day moving averages stand near 211.705, with the RSI indicating subdued momentum. Nearest support is around 211.59, while resistance is near 211.80. The overall outlook remains cautious amid mixed signals. For information only.
Last Updated 1/16/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.