Overall, GBP/JPY is trending upwards. Recently, GBP/JPY bounced off the resistance zone of 156.000 and broke below the key level of 155.
The UK Retail Sales m/m data (Forecast: -0.6%, Previous: 1.4%) will be released later at 1500 (GMT+8).
Bank of England Governor Mann will be speaking later at 2100 (GMT+8). During this time, there may be volatility in GBP.
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.
The UK Retail Sales m/m data (Forecast: -0.6%, Previous: 1.4%) will be released later at 1500 (GMT+8).
Bank of England Governor Mann will be speaking later at 2100 (GMT+8). During this time, there may be volatility in GBP.
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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join my mailing list jindaotai.com/joinme
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.