Instrument: GBPJPY
Bullish Preference:
A buy position is envisaged if the price trades above 182.582 with take profit at 182.732.
Bearish Preference:
A sell position is envisaged if the price trades below 182.008 with take profit at 181.882.
Fundamentals:
9:30am
GBP Flash Manufacturing PMI
GBP Flash Services PMI
Comment:
Business activity across the UK private sector increased for the fifth consecutive month in June. The latest survey illustrated another solid upturn in the service economy, whereas manufacturers continued to underperform as production volumes declined for the eleventh time in the past twelve months.
Analysis: SCRUM Team