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.