JinDao_Tai

GBP/JPY Outlook (27 September 2021)

Long
FX:GBPJPY   British Pound / Japanese Yen
Overall, GBP/JPY is ranging across.

Bank of England Governor Bailey will be speaking tomorrow at 0200 (GMT+8). During this time, there may be volatility in GBP.

The Bank of Japan will be releasing the minutes for the recent monetary policy meeting tomorrow at 0750 (GMT+8).

Currently, GBP/JPY is testing the support zone of 151.000 and the next resistance zone is at 153.800.
Look for short-term buying opportunities of GBP/JPY if it bounces off the support zone of 151.000.

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