Overall, GBP/USD is trending upwards.
During the release of the Autumn forecast statement by the UK HM Treasury yesterday, finance minister Rishi Sunak said that the UK will be borrowing almost 400 billion pounds this year to overcome the economic damage caused by the COVID-19 pandemic, about 19% of the country’s GDP.
Yesterday, UK Prime Minister Boris Johnson said that the European Union has to accept the fact that the UK must have full control of their waters if progress on fisheries were to be made.
GBP/USD’s next support zone is at 1.32200 and the next resistance zone is at 1.34600.
Look for short-term buying opportunities of GBP/USD.
During the release of the Autumn forecast statement by the UK HM Treasury yesterday, finance minister Rishi Sunak said that the UK will be borrowing almost 400 billion pounds this year to overcome the economic damage caused by the COVID-19 pandemic, about 19% of the country’s GDP.
Yesterday, UK Prime Minister Boris Johnson said that the European Union has to accept the fact that the UK must have full control of their waters if progress on fisheries were to be made.
GBP/USD’s next support zone is at 1.32200 and the next resistance zone is at 1.34600.
Look for short-term buying opportunities of GBP/USD.