Get started
filatovarthur

GBP/JPY Outlook (15 March 2022)

Long
British Pound / Japanese Yen (PEPPERSTONE:GBPJPY)  
filatovarthur  
PEPPERSTONE:GBPJPY   British Pound / Japanese Yen
Trend Analysis Forex forexsignals forextrading forexanalysis GBPJPY
2
0
trendanalysis forex forexsignals forextrading forexanalysis gbpjpy
Overall, GBP/JPY is trending downwards. Recently, GBP/JPY traded into the resistance zone of 153.800.

The UK employment data will be released later at 1500 (GMT+8).

  • Average Earnings Index 3m/y (Forecast: 4.6%, Previous: 4.3%)
    Claimant Count Change (Forecast: 20.3K, Previous: -31.9K)
    Unemployment Rate (Forecast: 4.0%, Previous: 4.1%)
Currently, GBP/JPY is testing the resistance zone of 153.800 and the next support zone is at 151.000.
Look for short-term buying opportunities of GBP/JPY if it breaks the resistance zone of 154.200.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.