GBPJPY Technical and Fundamental Analysis: Weekly Outlook

GBPJPY Technical and Fundamental Analysis Expert analysis on the GBP/JPY pair and live update of..........

Important Issues to Consider

In September 2021, the Bank of England decided to downgrade the rate growth projections. Equally, they mentioned and warned on the need to control inflation. It implies that a possible price-in rate hike might be experienced in 2022. That said, the higher rate probability makes the GBP currency strong while weakening the JPY.

GBP Support and Resistance
 

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