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Overall, GBP/JPY is trending downwards. The Bank of Japan (BoJ) will be announcing their interest rate decision tomorrow at a tentative timing. It is expected that the central bank will be holding interest rate unchanged at -0.10% while no new monetary policy changes will be carried out. A press conference will also be held at a tentative timing after the announcement. The UK employment data released yesterday indicated an increase in the number of claimants for unemployment benefits in August and a slight increase in the unemployment rate in August. -Claimant Count Change (Actual: 73.7K, Forecast: 99.5K, Previous: 69.9K revised from 94.4K) -Average Earnings Index 3m/y (Actual: -1.0%, Forecast: -1.3%, Previous: -1.2K) -Unemployment Rate (Actual: 4.1%, Forecast: 4.1%, Previous: 3.9%) The UK CPI y/y data will be released later at 1400 (SGT). -CPI y/y (Forecast: 0.1%, Previous: 1.0%) -Core CPI y/y (Forecast: 0.7%, Previous: 1.8%) GBP/JPY’s next support zone is at 133.780 and the next resistance zone is at 136.200. If the released CPI data is overall poor, look for selling opportunities of GBP/JPY.