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JinDao_Tai
Apr 9, 2021 6:50 AM

GBP/USD Outlook (09 April 2021) 

British Pound/U.S. DollarFXCM

Description

Overall, GBP/USD is ranging across.

The UK Construction PMI data (Actual: 61.7, Forecast: 55.0, Previous: 53.3) released yesterday indicated that the construction sector expands at the fastest pace since September 2014.

Currently, GBP/USD is moving towards the key level of 1.37. Its next support zone is at 1.36000 and the next resistance zone is at 1.38000.
Look for selling opportunities of GBP/USD if it breaks below the key level of 1.37.
Comments
momindekk1
Hello
If not broken 1.37 we should buy right?
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