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GBP/JPY Outlook (03 December 2021)

Corto
FX:GBPJPY   Libra esterlina/Yen japonés
Overall, GBP/JPY is trending downwards. Recently, GBP/JPY bounced off the resistance zone of 151.000.

Bank of England committee member Saunders will be speaking later at 1900 (GMT+8).
During this time, there may be volatility in GBP.

Currently, GBP/JPY is moving 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 breaks below the key level of 150.

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