GBP/JPY Signal - GBP Markit Services PMI - Aug 2021

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GBPJPY has traded into support prior to the GBP Markit Services PMI, which gives a crucial insight into the strength of the services industry within the UK. Technically the pair is above trendline support, and is at both structure and fibonacci support. We anticipate a bounce from this level, with upside into the 153.00 key level.

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