U.K Service PMI due in 15 Mins – How to trade GBP/JPY

Posted Wednesday, September 5, 2018 by
Arslan Butt • 1 min read

Fellas, our earlier forex trading signal on GBP/JPY is closed and now I’m going to wait for serviced PMI data which is due in 15 mins. Check our FX Leaders economic calendar for live coverage of this event.

Anyways, here’s a quick trade plan. I’m keeping an eye on 142.650 as the violation of this support level can cause further sell-off in the GBP/JPY until 142.450 and 142.100. Whereas, the positive services PMI can cause a bullish trend in the GBP/JPY.

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
Related Articles
0 0 vote
Article Rating
Notify of
Inline Feedbacks
View all comments