GBP/JPY Outlook (18 June 2021)
ByJin Dao Tai
JUN 18, 2021
Overall, GBP/JPY is ranging across. Recently, GBP/JPY broke the support zone of 153.800.
The UK Retail Sales m/m data (Forecast: 1.5%, Previous: 9.2%) will be released later at 1400 (GMT+8).
Currently, GBP/JPY is moving towards the resistance zone of 153.800 and the next support zone is at 151.000.
Look for selling opportunities of GBP/JPY if it rejects the resistance zone of 153.800.
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