The GBP/JPY daily outlook remains optimistic as the pair continues to show strength in recent trading sessions. The British pound has been performing well against the Japanese yen, with the pair finding support at key levels.
The overall trend for GBP/JPY remains bullish, with the pair trading above its 50-day and 200-day moving averages. This suggests that buyers are in control and could push the pair higher in the coming sessions.
In terms of key levels to watch, immediate resistance is seen at 152.00, followed by 153.00. On the downside, support is seen at 150.00, followed by 149.00.
Traders should keep an eye on any developments in Brexit negotiations, as any positive news could further boost the pound against the yen. Overall, the outlook for GBP/JPY remains positive, with the potential for further gains in the near term.