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GBP/USD Outlook (09 October 2020)

FX:GBPUSD   British Pound / U.S. Dollar
Overall, GBP/USD is trending downwards.

The UK GDP m/m (Forecast: 4.6%, Previous: 6.6%) data will be released later at 1400 (SGT).

GBP/USD’s next support zone is at 1.28000 and the next resistance zone is at 1.30200.
Look for short-term buying opportunities of GBP/USD.

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