GBP/JPY Outlook (04 January 2022)

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Overall, GBP/JPY is trending upwards. Recently, GBP/JPY rejected the resistance zone of 156.000.

The UK Final Manufacturing PMI data (Forecast: 57.6, Previous: 57.6) will be released later at 1730 (GMT+8).

GBP/JPY’s next support zone is at 153.800 and the next resistance zone is at 156.000.
Look for short-term buying opportunities of GBP/JPY.

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