GBP/JPY Outlook (22 December 2021)

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Overall, GBP/JPY is trending downwards. Recently, GBP/JPY traded into the resistance zone of 151.000.

The UK Final GDP q/q data (Forecast: 1.3%, Previous: 1.3%) will be released later at 1500 (GMT+8).

Currently, GBP/JPY is testing the resistance zone is of 151.000 and its next support zone is at 148.900.
Look for short-term buying opportunities of GBP/JPY if it breaks the resistance zone of 151.000.

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