GBP vs JPY
Fundamentals favour the Japanese Yen by 33 points.
On the Macro Currency Strength Meter, the British Pound scores -14 and the Japanese Yen scores +19 — a gap of 33 points in favour of the Japanese Yen. The widest divergence is in interest rates, which favours the Japanese Yen. All else equal that gap is a fundamental tailwind for the Japanese Yen against the British Pound — though markets may already have priced much of it in.
Pillar comparison
Which currency wins each macro driver| Driver | GBP | JPY | Edge |
|---|---|---|---|
| Interest Rates | -22 | +39 | JPY |
| Growth | — | +41 | JPY |
| Positioning | -16 | -4 | JPY |
| Risk Mood | +4 | -21 | GBP |
Strength gap over time
GBP minus JPY fundamental score — above zero favours GBP. The gap is currently -33 and widening.A widening gap means the fundamental edge is growing; a narrowing gap means it’s fading. Educational macro context, not a trade signal.