ByJin Dao Tai
JUL 7, 2021
Overall, GBP/JPY is ranging across. Recently, GBP/JPY rejected the resistance zone of 153.800 and broke below the key level of 153.
The UK Construction PMI data (Actual: 66.3, Forecast: 63.9, Previous: 64.2) released yesterday indicated continued expansion of the construction sector at a faster pace.
GBP/JPY’s next support zone is at 151.000 and the next resistance zone is at 153.800.
Look for short-term selling opportunities of GBP/JPY.
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