Overall, GBP/USD is trending downwards.
The UK GDP m/m data (Actual: 0.8%, Forecast: 0.1%, Previous: -0.2%) released last Friday indicated a strong rebound in UK’s economic growth in January.
Currently, GBP/USD is the support zone of 1.30400 and the next resistance zone is at 1.32200.
Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.30400.
The UK GDP m/m data (Actual: 0.8%, Forecast: 0.1%, Previous: -0.2%) released last Friday indicated a strong rebound in UK’s economic growth in January.
Currently, GBP/USD is the support zone of 1.30400 and the next resistance zone is at 1.32200.
Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.30400.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join my mailing list jindaotai.com/joinme
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.