ByJin Dao Tai
JUN 25, 2021
Overall, GBP/JPY is ranging across. Recently, GBP/JPY bounced off the support zone of 153.800.
During the monetary policy meeting yesterday, the Bank of England (BoE) held monetary policy unchanged. This led to a slight disappointment as the market was expecting the central bank to strike a hawkish tone on QE tapering.
GBP/JPY’s next support zone is at 153.800 and the next resistance zone is at 156.000.
Look for short-term buying opportunities of GBP/JPY.
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