Overall, GBP/USD is ranging across. Recently, GBP/USD bounced off the resistance zone of 1.36000 after the release of the better-than-expected U.S. jobs report.
The UK Construction PMI data (Actual: 56.3, Forecast: 54.3, Previous: 54.3) released last Friday indicated a faster pace of expansion in the construction sector during January.
GBP/USD’s next support zone is at 1.33800 and the next resistance zone is at 1.36000.
Look for short-term selling opportunities of GBP/USD.
The UK Construction PMI data (Actual: 56.3, Forecast: 54.3, Previous: 54.3) released last Friday indicated a faster pace of expansion in the construction sector during January.
GBP/USD’s next support zone is at 1.33800 and the next resistance zone is at 1.36000.
Look for short-term selling opportunities of GBP/USD.