GBPUSD Remains Under Pressure On Negative U.K Construction PMI !

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The U.K Construction PMI fell 48.1, from 51.1 in the previous month, analysts had expected it to fell to 51.0 in the last month, it’s the lowest number since 13 months.

This development is supposed to put GBP pairs under pressure, for GBPUSD, the pair remains down with a risk for further downside, minor resistance comes around 1.3270 levels, a clear break above that level will turn the focus on the 1.3350 levels, support comes at the 1.3200 levels ahead of the 1.3150 levels…

GBPJPY, the pair is bearish below 151.00 levels with risk to the 148.30 first, then; support comes at the 147.00 levels…

 

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