Overall, GBP/JPY is ranging across. Recently, GBP/JPY broke the support zone of 153.800.
The UK flash PMI data released yesterday indicated a slight slowdown in business activities in both the manufacturing and services sectors.
- Flash Manufacturing PMI (Actual: 56.9, Forecast: TBA, Previous: 57.9 revised from 57.6)
- Flash Services PMI (Actual: 53.3, Forecast: TBA, Previous: 53.1 revised from 53.2)
Currently, GBP/JPY is testing the resistance zone of 153.800 and thenext support zone is at 151.000.
Look for short-term selling opportunities of GBP/JPY if it bounces off the resistance zone of 153.800.
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