Singapore
2020-07-15 14:45
Market analysisGBP/JPY Outlook (15 July 2020)2
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Market analysis:
The UK CPI y/y data will be released later at 1400 (SGT).
- CPI y/y (Forecast: 0.4%, Previous: 0.5%)
- Core CPI y/y (Forecast: 1.2%, Previous: 1.2%)
Currently, GBP/JPY is testing to break above the key level of 135. Its next support zone is at 133.780 and the next resistance zone is at 135.900.
If the released CPI data is better than or as forecasted and the GBP/JPY breaks above the key level of 135, look for short-term buying
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GBP/JPY Outlook (15 July 2020)2
Singapore | 2020-07-15 14:45
The UK CPI y/y data will be released later at 1400 (SGT).
- CPI y/y (Forecast: 0.4%, Previous: 0.5%)
- Core CPI y/y (Forecast: 1.2%, Previous: 1.2%)
Currently, GBP/JPY is testing to break above the key level of 135. Its next support zone is at 133.780 and the next resistance zone is at 135.900.
If the released CPI data is better than or as forecasted and the GBP/JPY breaks above the key level of 135, look for short-term buying
Forex
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