Jin_LCMSTraders

GBP/JPY Outlook (28 July 2020)

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

The Bank of Japan Core CPI y/y data (Actual: 0.1%, Forecast: NA, Previous: 0.0%) released yesterday indicated a slight increase in inflation level of Japan.

Currently, GBP/JPY is moving towards the resistance zone of 136.200 and the next support zone is at 133.780.
Look for selling opportunities of GBP/JPY if it bounces off the resistance zone of 136.200.
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Comments

can u tell EURUSD outlook
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