GBPJPY Chart Technical Outlook trades higher ahead of BoJ, bulls target 201.25
GBP/JPY trades in a bullish channel with room for more upside gains towards 201.25-75, Fib extension levels. Supports are located at 200.35 and 199.95.
BoJ is scheduled to decide on monetary policy tomorrow with an expected hold in interest rates but to review the bond purchase. JPY is under pressure going into the event.
