Overall, GBP/JPY is ranging across.
The UK Construction PMI data (Actual: 56.3, Forecast: 54.3, Previous: 54.3) released last Friday indicated a faster pace of expansion in the construction sector during January.
Currently, GBP/JPY is testing the support zone of 156.000 and the next resistance zone is at 158.000.
Look for short-term buying opportunities of GBP/JPY if it bounces off the support zone of 156.000.
The UK Construction PMI data (Actual: 56.3, Forecast: 54.3, Previous: 54.3) released last Friday indicated a faster pace of expansion in the construction sector during January.
Currently, GBP/JPY is testing the support zone of 156.000 and the next resistance zone is at 158.000.
Look for short-term buying opportunities of GBP/JPY if it bounces off the support zone of 156.000.
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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.