Overall, GBP/JPY is trending downwards.

Bank of England committee member Pill will be speaking later 2100 (GMT+8). During this time, there may be volatility in GBP.

Currently, GBP/JPY is bouncing off the resistance zone of 153.800 and the next support zone is at 151.000.
Look for short-term selling opportunities of GBP/JPY.

Be sure to follow me on Twitter at @jdtai and on TradingView at Jin_LCMSTraders for my latest post!


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By Jin Dao Tai

JinDao Tai is an Entrepreneur, Award-Winning Forex Coach & Trainer, International Speaker and Multi-Million Dollar Trader. Starting out his career as an economic & financial consultant in Australia, one day he decided to change his life and pivoted into multiple entrepreneurship endeavours and eventually into managing a multi-million dollar portfolio.

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