Overall, GBP/USD is trending upwards. Recently, GBP/USD bounced off the support zone of 1.37800.
Bank of England Governor Andrew Bailey will be speaking about the economic outlook later at 1800 (SGT).
During this time, there may be volatility in GBP.
Currently, GBP/USD is moving towards the support zone of 1.37800 and the next resistance zone is at 1.40000.
Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.37800.
Bank of England Governor Andrew Bailey will be speaking about the economic outlook later at 1800 (SGT).
During this time, there may be volatility in GBP.
Currently, GBP/USD is moving towards the support zone of 1.37800 and the next resistance zone is at 1.40000.
Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.37800.
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