Overall, GBP/JPY is trending upwards.
Earlier today, UK Prime Minister Boris Johnson delayed the lockdown lifting by four weeks to 19 July.
The UK employment data will be released later at 1400 (GMT+8).
Bank of England Governor Bailey will be speaking later at 2015 (GMT+8). During this time, there may be volatility in GBP.
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.
Earlier today, UK Prime Minister Boris Johnson delayed the lockdown lifting by four weeks to 19 July.
The UK employment data will be released later at 1400 (GMT+8).
- Average Earnings Index 3m/y (Forecast: 4.9%, Previous: 4.0%)
- Claimant Count Change (Forecast: 25.0K, Previous: -15.1K)
- Unemployment Rate (Forecast: 4.7%, Previous: 4.8%)
Bank of England Governor Bailey will be speaking later at 2015 (GMT+8). During this time, there may be volatility in GBP.
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.
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