Home / GBP / GBP/JPY Price Analysis: Bulls extend the rally above 161.50 but will face strong resistance around 162.00

GBP/JPY Price Analysis: Bulls extend the rally above 161.50 but will face strong resistance around 162.00

On Tuesday, the GBP/JPY gained around 1.58%, pushing the weekly gains to 2.04%. Sentiment improved as Shanghai is about to lift restrictions, helping to ease the supply chain constraints. GBP/JPY …