Overall, GBP/JPY is ranging across. Recently, GBP/JPY bounced off the support zone of 151.000.
Also, Japanese banks will be closed today in observance of Children’s Day. Expect lower trading volatility and volume during the usual Japanese market hours.
The Bank of Japan will be releasing the minutes for the previous monetary policy meeting tomorrow at 0750 (SGT).
Currently, GBP/JPY is testing to break above the key level of 152. Its next support zone is at 151.000 and the next resistance zone is at 153.000.
Look for buying opportunities of GBP/JPY if it breaks above the key level of 152.
Also, Japanese banks will be closed today in observance of Children’s Day. Expect lower trading volatility and volume during the usual Japanese market hours.
The Bank of Japan will be releasing the minutes for the previous monetary policy meeting tomorrow at 0750 (SGT).
Currently, GBP/JPY is testing to break above the key level of 152. Its next support zone is at 151.000 and the next resistance zone is at 153.000.
Look for buying opportunities of GBP/JPY if it breaks above the key level of 152.