GBP/USD Outlook (10 December 2021)
Overall, GBP/USD is trending downwards.
The UK GDP m/m data (Forecast: 0.4%, Previous: 0.6%) will be released later at 1500 (GMT+8).
Currently, GBP/USD is testing the support zone of 1.32200 and its next resistance zone is at 1.33800.
Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.32200.
The UK GDP m/m data (Forecast: 0.4%, Previous: 0.6%) will be released later at 1500 (GMT+8).
Currently, GBP/USD is testing the support zone of 1.32200 and its next resistance zone is at 1.33800.
Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.32200.