Overall, GBP/USD is trending downwards. Recently, GBP/USD traded into the support zone of 1.33800.
The UK flash PMI data will be released later at 1730 (GMT+8).
Bank of England committee member Haskel will be speaking later at 1900 (GMT+8). During this time, there may be volatility in GBP.
Currently, GBP/USD is testing the support zone of 1.33800 and the next resistance zone is at 1.36000.
Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.33800.
The UK flash PMI data will be released later at 1730 (GMT+8).
- Flash Manufacturing PMI (Forecast: 57.2, Previous: 57.8 revised from 57.7)
- Flash Services PMI (Forecast: 58.2, Previous: 59.1 revised from 58.0)
Bank of England committee member Haskel will be speaking later at 1900 (GMT+8). During this time, there may be volatility in GBP.
Currently, GBP/USD is testing the support zone of 1.33800 and the next resistance zone is at 1.36000.
Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.33800.