GBP/USD Outlook (03 December 2021)
Overall, GBP/USD is trending downwards.
Bank of England committee member Saunders will be speaking later at 1900 (GMT+8).
During this time, there may be volatility in GBP.
Currently, GBP/USD is testing to break below the key level of 1.33. Its next support zone is at 1.32200 and its next resistance zone is at 1.33800.
Look for short-term selling opportunities of GBP/USD.
Bank of England committee member Saunders will be speaking later at 1900 (GMT+8).
During this time, there may be volatility in GBP.
Currently, GBP/USD is testing to break below the key level of 1.33. Its next support zone is at 1.32200 and its next resistance zone is at 1.33800.
Look for short-term selling opportunities of GBP/USD.