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GBP/JPY Outlook (19 July 2021)

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GBP/JPY Outlook (19 July 2021)

ByJin Dao Tai

 JUL 19, 2021

GBP/JPY Outlook (19 July 2021)

Overall, GBP/JPY is ranging across. Recently, GBP/JPY bounced broke below the key level of 152.

Bank of England committee member Haskel will be speaking later at 1800 (GMT+8). During this time, there may be volatility in GBP.

Currently, GBP/JPY is moving towards the support zone of 151.000 and the next resistance zone is at 153.800.

Look for short-term buying opportunities of GBP/JPY if it bounces off the support zone of 151.000.

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