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GBP/USD Outlook (29 November 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 trending downwards.

Bank of England committee member Pill will be speaking later 2100 (GMT+8). During this time, there may be volatility in GBP.

Currently, GBP/USD is moving towards the resistance zone of 1.33800 and its next support zone is at 1.32200.
Look for short-term selling opportunities of GBP/USD if it bounces off the resistance zone of 1.33800.
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