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GBP/JPY Surges to Multi-Year High: Bullish Momentum Eyes 210 as Yen Weakens 
• The pound edged lower on Friday as attention turned to next week’s UK inflation figures as investors seek guidance on the BoE’s rate path.
•Bank of England Chief Economist Huw Pill said Tuesday he was concerned inflation in the UK could be more persistent than the central bank anticipates, suggesting interest rates may need to remain higher than markets currently expect.
• Robust GDP growth has strengthened the BoE’s position to maintain current interest rates should inflation continue to rise.
• Meanwhile, Britain will host high-level talks on Monday with European foreign ministers to strengthen defence coordination and reaffirm backing for Ukraine, ahead of PM Starmer’s meeting with EU leaders.
• Immediate resistance is located at 1.3418(23.6%fib), any close above will push the pair towards 1.3478(higher BB)
• Strong support is seen at 1.3174(38.2%fib) and break below could take the pair towards 1.3134(Lower BB).
Recommendation: Good to buy around 1.3270, with stop loss of 1.3200 and target price of 1.3360
