The GBP/JPY is catching a late-week lift as investors jump back into risk assets. Market sentiment has flipped positive to close out the trading week. The US NFP printing has sent the entire market broadly risk-on and most pairs are recovering the week's downside action. he day's lows just pastthe 181.00 handle and is now testing 182.75 after a 180-pip climb.
GBP/JPY technical outlook The GBP/JPY is set to close out Friday's trading session firmly bid, testing the week's highs near 182.80 after rising from Friday's early lows near the 181.00 psychological level. The GBP/JPY is catching a near-term bullish bounce on the daily candles, climbing from Tuesday's low near 178.00 and lifting into the 50-day Simple Moving Average just north of current price action at183.36.