GBP/USD Outlook (03 July 2020)

Overall, GBP/USD is trending downwards. Recently, GBP/USD bounced off the resistance zone of 1.25000.

The UK Final Services PMI data (Forecast: 47.0, Previous: 47.0) will be released later at 1630 (SGT).

GBP/USD’s next support zone is at 1.23000 and the next resistance zone is at 1.25000.
With the positive U.S. jobs report, look for selling opportunities of GBP/USD.