GBP/USD Outlook (23 February 2022)
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.
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.