JinDao_Tai

GBP/JPY Outlook (14 December 2021)

Short
FX:GBPJPY   British Pound / Japanese Yen
Overall, GBP/JPY is trending downwards.

The UK employment data will be released later at 1500 (GMT+8).
  • Average Earnings Index 3m/y (Forecast: 4.6%, Previous: 5.8%)
  • Claimant Count Change (Forecast: -31.5K, Previous: 14.9K)
  • Unemployment Rate (Forecast: 4.2%, Previous: 4.3%)

Currently, GBP/JPY is testing to break below the key level of 150. Its next support zone is at 148.900 and the next resistance zone is at 151.000.
Look for short-term selling opportunities of GBP/JPY if it breaks below the key level of 150.

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