GBP/USD Outlook (25 January 2022)
Overall, GBP/USD is ranging across. Recently, GBP/USD broke below the key level of 1.35.
The UK flash PMI data released yesterday indicated a slight slowdown in business activities in both the manufacturing and services sectors.
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.
The UK flash PMI data released yesterday indicated a slight slowdown in business activities in both the manufacturing and services sectors.
- Flash Manufacturing PMI (Actual: 56.9, Forecast: TBA, Previous: 57.9 revised from 57.6)
- Flash Services PMI (Actual: 53.3, Forecast: TBA, Previous: 53.1 revised from 53.2)
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.