GBPJPY Chart Technical Outlook dips could find buyers, strong support at 182.30
GBP/JPY broad bias is bullish. Prices bounced higher last week with strong momentum and approached a confluence of resistances at 184.30. I expect the upward direction to continue and dips to find buyers. The BoE Governor Andrew Bailey will testify on the financial stability this Wednesday, and UK GDP, Industrial, and Manufacturing data are due this Friday with an expected growth.
Resistances: 185.25, 187.00
Supports: 182.30, 180.60