GBP/JPY Outlook (17 May 2021)
ByJin Dao Tai
MAY 17, 2021
Overall, GBP/JPY is trending upwards. Recently, GBP/JPY broke above the key level of 154.
Several Bank of England committee members will be speaking later from 2215 (SGT) onwards. During this time, there may be volatility in GBP.
GBP/JPY’s next support zone is at 153.000 and the next resistance zone is at 155.000.
Look for buying opportunities of GBP/JPY.
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