2020-08-12 18:19
Market analysisGBP/JPY Outlook (12 August 2020)
Related product：
Forex,Others,Others,Others,Others,Others
Market analysis：
Overall, GBP/JPY is trending upwards.
The UK employment data released yesterday indicated an overall deterioration in the UK job market. In July, there was an increase in the number of people claiming for unemployment benefits, a rebound from the decrease in June. Unemployment rate in July remained the same for the fourth consecutive month while average earnings continue to decline.
-Claimant Count Change (Actual: 94.4K, Forecast: 9.7K, Previous: -28.1K)
-Average Earnings Index 3m/y (Actual: -1.2%, Forecast: -1.2%, Previous: -0.3%)
-Unemployment Rate (Actual: 3.9%, Forecast: 4.2%, Previous: 3.9%)
Currently, GBP/JPY is testing the resistance zone of 139.000 and the next support zone is at 136.200.
With the poor UK employment figures, look for selling opportunities of GBP/JPY if it bounces off the resistance zone of 139.000.
Like 0
Jin_Forex
Händler
Hot content
Industry
Event-A comment a day,Keep rewards worthy up to$27
Industry
Nigeria Event Giveaway-Win₦5000 Mobilephone Credit
Industry
Nigeria Event Giveaway-Win ₦2500 MobilePhoneCredit
Industry
South Africa Event-Come&Win 240ZAR Phone Credit
Industry
Nigeria Event-Discuss Forex&Win2500NGN PhoneCredit
Industry
[Nigeria Event]Discuss&win 2500 Naira Phone Credit
Forum category
Platform
Exhibition
Agent
Recruitment
EA
Industry
Market
Index
GBP/JPY Outlook (12 August 2020)
Singapore | 2020-08-12 18:19Overall, GBP/JPY is trending upwards.
The UK employment data released yesterday indicated an overall deterioration in the UK job market. In July, there was an increase in the number of people claiming for unemployment benefits, a rebound from the decrease in June. Unemployment rate in July remained the same for the fourth consecutive month while average earnings continue to decline.
-Claimant Count Change (Actual: 94.4K, Forecast: 9.7K, Previous: -28.1K)
-Average Earnings Index 3m/y (Actual: -1.2%, Forecast: -1.2%, Previous: -0.3%)
-Unemployment Rate (Actual: 3.9%, Forecast: 4.2%, Previous: 3.9%)
Currently, GBP/JPY is testing the resistance zone of 139.000 and the next support zone is at 136.200.
With the poor UK employment figures, look for selling opportunities of GBP/JPY if it bounces off the resistance zone of 139.000.
Forex
Others
Others
Others
Others
Others
Like 0
I want to comment, too
Submit
0Comments
There is no comment yet. Make the first one.
Submit
There is no comment yet. Make the first one.