GBPJPY Weekly Chart Analysis
GBPJPY made a long top wick before flipping bearish and closing at weekly support
GBPJPY Daily Chart Analysis
The Daily time frame started the week bearish before making a new high, then pulling back on Thursday and Friday and closing respecting weekly support
GBP Claimant Count Change on Tuesday
GBP CPI on Wednesday
GBP Retail Sales on Friday
Anticipating CPI on Wednesday to bring some volume to GBPJPY and have a strong breakout. CPI is forecast to be slightly lower than last month but nowhere near as low as BoE would like it be to slow down interest rates
Check out News This Week 16th October for scenarios
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