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GBPJPY News

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Last Updated Date: 17 May 2022 @ 10:03 AM (UTC)
*Please note that all the dates are in GMT time zone

As the GBPJPY status is oversold, the market has climbed into a short term bull upswing and posting a close over 161.51 implies an extension to 163.57. Trade may slip into Friday’s range and consolidate gains, but suspect support under 159.7 will bounce trade back to positive trade action. Only a close under 156.40 (SAR) turns trend forces back down.
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