GBPJPY sellsGBP/JPYOANDA:GBPJPYJawad_Khalili1Expecting sells to the gap fill range and to HTF demand zones before look for buys as for the overall HTF trend because of the interest rate differential between UK & JPY being significant therefor investors seeking GBP more since higher yields. We have UK unemployment rate data coming in shortly, and expecting an increase of 4.9% from 4.8%. - If unemployment rate comes in 4.9% or even higher 5%, this could be our catalyst for bearish pressure considering it would mean that the BOE would more likely cut rates next meeting therefor lower UK yields so investor outflows and GJ sells temporarily. Now the BOE did hold rates for the last few meeting however, the most recent meeting had 5-4 votes, with more members now wanting rate cuts than the previous meeting at 7-2. The markets could then price in the rate cuts ahead of time and we could see GJ bearish pressure.