TradingView
JinDao_Tai
Sep 27, 2021 12:26 AM

GBP/JPY Outlook (27 September 2021) Long

British Pound/Japanese YenFXCM

Description

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.
More