It was reported yesterday that the UK and the EU have made progress in trade deal negotiations with a possibility of reaching a deal by early November.
The Bank of Japan (BoJ) will be announcing their decision later at a tentative timing. It is likely that the will keep their unchanged.
Also, a press conference will be held after the decision. During this time, is expected.
Currently, GBP/JPY is bouncing off the of 135.350 and the next is at 137.500.
Look for short-term buying opportunities of GBP/JPY .