Overall, GBP/JPY is ranging across.
The UK flash PMI data released yesterday indicated continued expansion in the manufacturing sector while the services sector expanded at a much faster pace than previous date release.
- Flash Manufacturing PMI (Actual: 57.3, Forecast: TBA, Previous: 57.3 revised from 56.9)
- Flash Services PMI (Actual: 60.8, Forecast: TBA, Previous: 54.1 revised from 53.3)
Bank of England committee member Ramsden will be speaking later at 1845 (GMT+8). During this time, there may be volatility in GBP.
Currently, GBP/JPY is testing the support zone of 156.000 and the next resistance zone is at 158.000.
Look for short-term selling opportunities of GBP/JPY if it breaks the support zone of 156.000.
The UK flash PMI data released yesterday indicated continued expansion in the manufacturing sector while the services sector expanded at a much faster pace than previous date release.
- Flash Manufacturing PMI (Actual: 57.3, Forecast: TBA, Previous: 57.3 revised from 56.9)
- Flash Services PMI (Actual: 60.8, Forecast: TBA, Previous: 54.1 revised from 53.3)
Bank of England committee member Ramsden will be speaking later at 1845 (GMT+8). During this time, there may be volatility in GBP.
Currently, GBP/JPY is testing the support zone of 156.000 and the next resistance zone is at 158.000.
Look for short-term selling opportunities of GBP/JPY if it breaks 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.