GBP/JPY Outlook (11 June 2021)

197
Overall, GBP/JPY is trending upwards. Recently, GBP/JPY broke the support zone of 155.000.

Bank of England Governor Bailey will be speaking later at 1630 (GMT+8). During this time, there may be volatility in GBP.

Day 1 of the G7 meetings will be held today. During this time, there may be volatility in the market. Also, day 2 and 3 of the meetings will be held over the weekend.

Currently, GBP/JPY is testing the resistance zone of 155.000 and the next support zone is at 153.000.
Look for selling opportunities of GBP/JPY if it bounces off the resistance zone of 155.000.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.