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GBPJPY highest since 2015

GBP
  • GBPJPY continues to print multi year high given the divergence between the BoE and the BoJ, and is one of the chart to watch, highest since 2015.
  • Looking at the longer term chart, there isn't much until 185.00, then 188.813 and 195.885, the 2015 high, and highest since 2008.
  • Next MNI tech resistance is seen at 184.121 - 1.236 projection of the Sep 26 '22 - Oct 31 '22 - Jan 3 price swing.

Chart source: MNI/Bloomberg.

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