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JinDao_Tai
Mar 8, 2021 3:02 AM

GBP/USD Outlook (08 March 2021) 

British Pound/U.S. DollarFXCM

Description

Overall, GBP/USD is trending upwards. Recently, GBP/USD bounced off the support zone of 1.37800.

Bank of England Governor Andrew Bailey will be speaking about the economic outlook later at 1800 (SGT).
During this time, there may be volatility in GBP.

Currently, GBP/USD is moving towards the support zone of 1.37800 and the next resistance zone is at 1.40000.
Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.37800.
Comments
Mark_demariya
wonderful job...
FXCM
thanks for sharing! this is my view on GBPUSD:
MoneyMakerTrade
Excellent work
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