GBP/JPY Outlook (14 July 2021)

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GBP/JPY Outlook (14 July 2021)

ByJin Dao Tai

 JUL 14, 2021

GBP/JPY Outlook (14 July 2021)

Overall, GBP/JPY is ranging across.

The UK CPI y/y data will be released later at 1400 (GMT+8).

  • CPI y/y (Forecast: 2.2%Previous: 2.1%)
  • Core CPI y/y (Forecast: 2.0%Previous: 2.0%)

Bank of England committee member Ramsden will be speaking tomorrow at 0100 (GMT+8). During this time, there may be volatility in GBP.

GBP/JPY’s next support zone is at 151.000 and the next resistance zone is at 153.800.

Look for short-term buying opportunities of GBP/JPY.

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