GBPJPY ANALYSIS ON H4 CHART.
Overall, GBP/JPY is ranging across. Recently, GBP/JPY bounced off the support zone of 153.800.
The Japanese Retail Sales y/y data (Actual: 1.4%, Forecast: 2.9%, Previous: 1.9%) released earlier today indicated a slowdown in consumer spending.
The Japanese Unemployment Rate data (Forecast: TBA, Previous: 2.8%) will be released tomorrow at 0730 (GMT+8).
GBP/JPY’s next support zone is at 153.800 and the next resistance zone is at 156.000.
Look for short-term buying opportunities of GBP/JPY.
The Japanese Retail Sales y/y data (Actual: 1.4%, Forecast: 2.9%, Previous: 1.9%) released earlier today indicated a slowdown in consumer spending.
The Japanese Unemployment Rate data (Forecast: TBA, Previous: 2.8%) will be released tomorrow at 0730 (GMT+8).
GBP/JPY’s next support zone is at 153.800 and the next resistance zone is at 156.000.
Look for short-term buying opportunities of GBP/JPY.
Trade active
Trade running in great Profit.
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.
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.