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GBP/USD Outlook (23 February 2022)

Short
FX:GBPUSD   British Pound / U.S. Dollar
Overall, GBP/USD is ranging across. Recently, GBP/USD rejected the resistance zone of 1.36000.

Bank of England Governor Bailey and the central bank’s committee members will be testifying on the monetary policy report later at 1730 (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 selling opportunities of GBP/USD if it rejects the resistance zone of 1.36000.
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