Overall, GBP/USD is trending upwards. Recently, GBP/USD weakened and broke below the key level of 1.41 as a result of the surge in treasury yields that led to the strengthening of the USD.
Currently, GBP/USD is testing the support zone of 1.40000 and the next resistance zone is at 1.43500.
Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.40000.
Currently, GBP/USD is testing the support zone of 1.40000 and the next resistance zone is at 1.43500.
Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.40000.