GBP/JPY Signal - GBP Claimant Count Rate - 16 Nov 2021
GBPJPY is holding bearish structure prior to the GBP Claimant Count Rate, which measures the rate of people applying for unemployment benefits in the UK.
Technically the pair is holding bearish structure on the 1H price chart, and is also trading below the resistance trendline. We anticipate continued downside into the 151.740 level.
Technically the pair is holding bearish structure on the 1H price chart, and is also trading below the resistance trendline. We anticipate continued downside into the 151.740 level.