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GBP/JPY Outlook (04 December 2020)

FX:GBPJPY   英鎊 / 日圓
Overall, GBP/JPY is trending upwards. Recently, GBP/JPY rejected the resistance zone of 140.000.

The UK Construction PMI data (Forecast: 52.3, Previous: 53.1) will be released later at 1730 (SGT).

Currently, GBP/JPY is moving towards the resistance zone of 140.000 and the next support zone is at 137.500.
Look for short-term buying opportunities of GBP/JPY if breaks the resistance zone of 140.000.

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