JinDao_Tai

GBP/JPY Outlook (07 December 2021)

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FX:GBPJPY   英镑/日元
Overall, GBP/JPY is trending downwards. Recently, GBP/JPY bounced off the support zone of 148.900 and broke above the key level of 150.

The UK Construction PMI data (Actual: 55.5, Forecast: 54.9, Previous: 54.6) released yesterday indicated a faster pace of expansion in the construction sector in November.

GBP/JPY’s 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.

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