Sorry, you need to enable JavaScript to visit this website.

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

You are here

»
Signal Details
Entry Price: 
140.159
Take Profit: 
141.210
Stop Loss: 
139.470
Direction: 
Buy
How we trade
Average: 5 (2 votes)

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.

Submitted by Toni H. on Thu, 07 Jan 2021 02:39:51 GMT

Live Broker Spreads

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.

Site Pages

Legal Pages

Social Corner

Trading tools