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GBP/USD Outlook (07 January 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 upwards. Recently, GBP/USD bounced up from the key level of 1.35.

The UK Construction PMI data (Forecast: 53.9, Previous: 55.5) will be released later at 1730 (GMT+8).

GBP/USD’s next support zone is at 1.33800 and the next resistance zone is at 1.36000.
Look for short-term selling opportunities of GBP/USD.
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