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GBP/JPY Signal-GBP CBI Industrial Trends Order- 25 April 2022

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Signal Details
Entry Price: 
164.436
Take Profit: 
168.455
Stop Loss: 
162.883
Direction: 
Buy
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GBP/JPY is trading to the upside today prior to the GBP CBI Industrial Trends Orders. The Confederation of British Industry (CBI) Industrial Trends Orders measures the economic expectations of the manufacturing executives in the U.K. It is a leading indicator of business conditions. We anticipate GBP to gain momentum against the JPY into level 168.455

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.