GBP/JPY Outlook (06 July 2021)

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GBP/JPY Outlook (06 July 2021)

ByJin Dao Tai

 JUL 6, 2021

GBP/JPY Outlook (06 July 2021)

Overall, GBP/JPY is ranging across.

The UK Construction PMI data (Forecast: 63.9Previous: 64.2) will be released later at 1630 (GMT+8).

Currently, GBP/JPY is testing the resistance zone of 153.800 and the next support zone is at 151.000.

Look for short-term selling opportunities of GBP/JPY if it bounces off the resistance zone of 153.800.

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