Overall, GBP/JPY is ranging across. The UK CPI data released yesterday an increase in annual inflation .
CPI y/y (Actual: 0.7%, Forecast: 0.8%, Previous: 0.4%)
Core CPI y/y (Actual: 1.1%, Forecast: 1.1%, Previous: 0.9%)
The Japanese Flash Manufacturing PMI data (Forecast: 53.1, Previous: 52.7 revised from 52.0) will be released tomorrow at 0830 ( SGT ). GBP/JPY’s next support zone is at 148.900 and the next resistance zone is at 151.000.
Look for selling opportunities of GBP/JPY .