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ToniSignals

GBP/JPY Signal - GBP Markit Construction PMI - 7 Jan 2021

Long
British Pound / Japanese Yen (FX:GBPJPY)  
ToniSignals Updated   
FX:GBPJPY   British Pound / Japanese Yen
Chart Patterns Fundamental Analysis Technical Indicators GBPJPY jpy GBP buy gbpjpylong gbpjpybuy pivot s1
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chartpattern fundamental indicator gbpjpy jpy gbp buy gbpjpylong gbpjpybuy pivot s1
GBPJPY is trending to the upside this week prior to the GBP Markit Construction PMI, and we anticipate continued upside into this event. The data shows business conditions in the UK construction sector. Technically the pair is at the 50 moving average and above the 139.94 support level and we anticipate upside into the 141.210 level.
Trade closed: target reached
Trade closed: target reached
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