GBP/JPY Outlook (21 July 2021)

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GBP/JPY Outlook (21 July 2021)

ByJin Dao Tai

 JUL 21, 2021

GBP/JPY Outlook (21 July 2021)

Overall, GBP/JPY is trending downwards. Recently, GBP/JPY bounced off the support zone of 148.900.

Currently, GBP/JPY is moving up towards the key level of 150. Its next support zone is at 148.900 and the next resistance zone is at 151.000.

Look for short-term selling opportunities of GBP/JPY if it bounces down from the key level of 150.

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