2020-08-14 17:32
Market analysisGBP/JPY Outlook (14 August 2020)
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Market analysis：
Overall, GBP/JPY is trending upwards. Recently, GBP/JPY broke the resistance zone of 139.000 and bounced down from the key level of 140.
The Japanese Preliminary GDP q/q data (Forecast: TBA, Previous: -0.6% revised from -0.9%) will be released next Monday at 0750 (SGT).
GBP/JPY’s next support zone is at 139.000 and the next resistance zone is at 141.400.
Look for buying opportunities of GBP/JPY.
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GBP/JPY Outlook (14 August 2020)
Singapore | 2020-08-14 17:32Overall, GBP/JPY is trending upwards. Recently, GBP/JPY broke the resistance zone of 139.000 and bounced down from the key level of 140.
The Japanese Preliminary GDP q/q data (Forecast: TBA, Previous: -0.6% revised from -0.9%) will be released next Monday at 0750 (SGT).
GBP/JPY’s next support zone is at 139.000 and the next resistance zone is at 141.400.
Look for buying opportunities of GBP/JPY.
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