GBP/JPY Signal - GBP Markit Services PMI - Aug 2021
GBPJPY has traded into support prior to the GBP Markit Services PMI, which gives a crucial insight into the strength of the services industry within the UK. Technically the pair is above trendline support, and is at both structure and fibonacci support. We anticipate a bounce from this level, with upside into the 153.00 key level.
Trade closed: target reached
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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.