We can see that the JPY generally is weakeningThe structure of the GBPJPY is looking more bullish than bearish. Pay attention to a possible bounce. 152.10 is the zone where we could expect it. Targets are 152.35 followed by 152.50 and 152.70. At this point only the break above the trend line is needed to confirm the bullish momentum.
For a look at all of today’s economic events, check out our economic calendar.
Cheers and safe trading,