GBPJPY IDEA
151.000 is a support zone from where the GBP/JPY just bounced off and is in ranging across.
And due to the Children’s Day the banks of Japan again closed today that will cause the low movements in the market hours.
The previous monetary policy meeting will be held tomorrow at 0750 ( SGT ) that will be released by the bank of Japan.
The key level of 152.00 is being tested by the GBP/JPY pair to break it above!
153.000 is going to be the next resistance level while 151.000 is the support zone!
We are in await of the breakout of the key level of 152.00 to initiate the Buy entry!
And due to the Children’s Day the banks of Japan again closed today that will cause the low movements in the market hours.
The previous monetary policy meeting will be held tomorrow at 0750 ( SGT ) that will be released by the bank of Japan.
The key level of 152.00 is being tested by the GBP/JPY pair to break it above!
153.000 is going to be the next resistance level while 151.000 is the support zone!
We are in await of the breakout of the key level of 152.00 to initiate the Buy entry!
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