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The ISM Services PMI jumped to 53.4 in January from 50.6 in December, comfortably beating the 52.0 consensus expectation. Ten industries out of 18 reported growth for the month – up from nine in December. The business activity sub-index was unchanged at 55.8, while the new orders index rose to 55.0 from 52.8 in December. […]

The post ISM Shows Services Sector Expansion Accelerates in January appeared first on Action Forex.

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31/01/2024

GBPJPY Wave Analysis

GBPJPY reversed from resistance level 79.15 Likely to fall to support level 184.50 GBPJPY currency pair recently reversed down from the key resistance level 188.55 which has been reversing the price from November, as can be seen below. The downward reversal from the resistance level 188.55 started the active short term impulse wave c. Given […]
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