The GBP/JPY pair might fall in the near term, according to the daily and weekly charts. The MACD is still positive, but it will become slowly negative. The next leg of the Stochastic oscillator will be down. The price is below EMA 20, EMA 50, and EMA 100, both on daily and weekly charts. The next leg of the Stochastic oscillator will be also down, on the weekly chart.
UK Employment Change 3M (+100k expectation); (+184k previous)
Rate 3M (3.9% expectation); (3.9% previous)
UK CPI YoY (1.5% expectation); (1.7% previous)
Japan National CPI YoY (0.4% expectation); (0.4% previous)
Forex, Commodities signals
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