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GBP/USD Outlook (31 August 2020)

FX:GBPUSD   British Pound / U.S. Dollar
Overall, GBP/USD is trending upwards. Recently, GBP/USD broke the resistance zone of 1.32200.

UK banks will be closed today in observance of Summer Bank Holiday. Expect lower trading volume and volatility.

GBP/USD’s next support zone is at 1.32200 and the next resistance zone is at 1.34600.
Look for buying opportunities of GBP/USD.

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