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GBP/USD Outlook (08 March 2022)

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
JinDao_Tai  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Forex macro technical trend GBPUSD Contains image
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trendanalysis forex macro technical trend gbpusd containsimage
Overall, GBP/USD is trending downwards.

Currently, GBP/USD is testing to break below the key level of 1.31. Its next support zone is at 1.30400 and the next resistance zone is at 1.32200.
Look for short-term selling opportunities of GBP/USD if it breaks below the key level of 1.31.
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