GBP/JPY Outlook (03 March 2022)

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Overall, GBP/JPY is trending downwards. Recently, GBP/JPY broke the resistance zone of 153.800.

Currently, GBP/JPY is trading up towards the key level of 155. Its next support zone is at 153.800 and the next resistance zone is at 156.000.
Look for short-term selling opportunities of GBP/JPY if it bounces down from the key level of 155.

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