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GBP/USD Outlook (09 August 2021)

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 ranging across. Recently, GBP/USD weakened and broke below the key level of 1.39 after the release of the stellar U.S. Non-Farm Payroll jobs report last Friday.

GBP/USD’s next support zone is at 1.38000 and the next resistance zone is at 1.40000.
Look for short-term selling opportunities of GBP/USD.
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