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GBP/USD Outlook (03 November 2021)

Long
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
3
0
trendanalysis forex macro technical trend gbpusd containsimage
Overall, GBP/USD is ranging across. Recently, GBP/USD traded into the support zone of 1.36000.

Currently, GBP/USD is testing the support zone of 1.36000 and the next resistance zone is at 1.38000.
If GBP/USD bounces off the support zone of 1.36000, look for short-term buying opportunities up until the FOMC meeting tomorrow at 0200 (GMT+8).
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