GBP/JPY Faces Resistance at 201.97, Bearish Outlook Predicted
===============	
#7b7dea38 ver:0.06

The GBP/JPY faces resistance at 201.97 and a bearish outlook is predicted. Positive risk tone and weakened Japanese yen support the GBP, but the Bank of Japan's hawkish tilt may hinder bullish bets. The near-term outlook is influenced by market risk appetite and geopolitical developments. Meanwhile, the USD/JPY climbs to a fresh monthly high, with the Bank of Japan intervention looming. Traders stay bullish as they await potential intervention measures. The USD/JPY's upside may face resistance at 158.75 and 159.00. The GBP/JPY is currently at 201.97, with a bearish target at 200.84. Watch the USDX for direction. #Forex #GBPJPY #USDJPY...

#newstr #Gbp/jpy #CurrencyPair #BearishOutlook #Resistance #AtrTarget #Usdx 

 https://here.news/story/7b7dea38?ver=0.06