Overall, GBP/USD is trending downwards. Recently, GBP/USD broke the resistance zone of 1.30200.
Yesterday, UK Prime Minister Boris Johnson announced a three-tier COVID-19 restriction for England whereby different areas will be assigned one of the three tiers, each having different COVID-19 measures.
The UK employment data will be released later at 1400 (SGT).
Look for buying opportunities of GBP/USD if it bounces off the support zone of 1.30200.
Yesterday, UK Prime Minister Boris Johnson announced a three-tier COVID-19 restriction for England whereby different areas will be assigned one of the three tiers, each having different COVID-19 measures.
The UK employment data will be released later at 1400 (SGT).
- Claimant Count Change (Forecast: 78.8K, Previous: 73.3K)
- Average Earnings Index 3m/y (Forecast: -0.6%, Previous: -1.0%)
- Unemployment Rate (Forecast: 4.3%, Previous: 4.1%)
Look for buying opportunities of GBP/USD if it bounces off the support zone of 1.30200.