GBPJPY is holding below the resistance trendline today prior to the GBP Markit Services PMI data today, which is an indicator of the economic situation in the UK services sector. Technically the pair is in a bearish structure, is holding below the trendline resistance, and is at 500 hour moving average resistance.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.