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GBP/USD Outlook (12 January 2022)

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
13
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trendanalysis forex macro technical trend gbpusd containsimage
Overall, GBP/USD is trending upwards.

Bank of England committee member Cunliffe will be speaking later at 2215 (GMT+8). During this time, there may be volatility in GBP.

Currently, GBP/USD is testing the resistance zone of 1.36000 and the next support zone is at 1.33800.
Look for short-term buying opportunities of GBP/USD if it breaks the resistance zone of 1.36000.
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