GBP/JPY is set to experience some volatility ahead of central banks meetings and in the aftermath. The Bank of England and the Bank of Japan will be holding their respective meetings, which could impact the currency pair. Traders will be closely watching for any announcements or policy changes that could affect the value of the British pound and the Japanese yen.
After the meetings, GBP/JPY could see significant movement as traders react to any decisions made by the central banks. This could lead to increased volatility in the currency pair as traders adjust their positions based on the new information.
Overall, traders should be prepared for potential fluctuations in GBP/JPY in the coming days as the central banks meetings take place and their outcomes are revealed. It will be important to stay informed and closely monitor any developments that could impact the currency pair.