GBP/USD Outlook (15 March 2022)

Overall, GBP/USD is trending downwards.

The UK employment data will be released later at 1500 (GMT+8).
- Average Earnings Index 3m/y (Forecast: 4.6%, Previous: 4.3%)
- Claimant Count Change (Forecast: 20.3K, Previous: -31.9K)
- Unemployment Rate (Forecast: 4.0%, Previous: 4.1%)

Currently, GBP/USD is testing 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.