GBP/JPY Outlook (09 February 2022)

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Overall, GBP/JPY is ranging across. Recently, GBP/JPY broke the resistance zone of 156.000.

Bank of England committee member Pill will be speaking later at 2130 (GMT+8). During this time, there may be volatility in GBP.

GBP/JPY’s next support zone is at 156.800 and the next resistance zone is at 158.000.
Look for short-term buying opportunities of GBP/JPY.

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