JinDao_Tai

GBP/USD Outlook (11 September 2020)

FX:GBPUSD   British Pound / U.S. Dollar
Overall, GBP/USD is ranging across. Recently, GBP/USD weakened further amid the tension arose from the Brexit trade talk between the UK and the EU.

The UK GDP m/m data (Forecast: 6.6%, Previous: 8.7%) will be released later at 1400 (SGT).

Currently, GBP/USD is testing the support zone of 1.28000 and the next resistance zone is at 1.30000.
Look for selling opportunities if GBP/USD breaks the support zone of 1.28000.

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