Overall, GBP/JPY is trending downwards. Recently, GBP/JPY broke the support zone of 151.000
The UK Retail Sales data (Actual: 1.4%, Forecast: 0.8%, Previous: 1.1% revised from 0.8%) released last Friday indicated that consumer spending rose more than expected in November.
Currently, GBP/JPY is trading down towards the key level of 150. Its next support zone is at 148.900 and the next resistance zone is at 151.000.
Look for short-term selling opportunities of GBP/JPY if it breaks below the key level of 150.
The UK Retail Sales data (Actual: 1.4%, Forecast: 0.8%, Previous: 1.1% revised from 0.8%) released last Friday indicated that consumer spending rose more than expected in November.
Currently, GBP/JPY is trading down towards the key level of 150. Its next support zone is at 148.900 and the next resistance zone is at 151.000.
Look for short-term selling opportunities of GBP/JPY if it breaks below the key level of 150.
Join my mailing list jindaotai.com/joinme
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join my mailing list jindaotai.com/joinme
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.