Ahead of Great Britain interest rate decision which is expected to cut down by 0.25% and it may be obvious to be reduced, as it had withdrawn itself from other Euro countries through Brexit. Also, the major developed adjacent countries are maintaining lower interest rates only. Additional to that, as the GBP price gone down, the first thing the country would expect is to increase the money flow and that will happen when a price cut happened. Owing to price cut, it is highly possible that the bearish run may continue. Also, UK market uncertainty is high and hence the bearish run chances are high. In line with that please find the weekly chart of GBPJPY,
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