GBP/USD Outlook (12 January 2022)
Overall, GBP/USD is trending upwards.
Bank of England committee member Cunliffe will be speaking later at 2215 (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 buying opportunities of GBP/USD if it breaks the resistance zone of 1.36000.
Bank of England committee member Cunliffe will be speaking later at 2215 (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 buying opportunities of GBP/USD if it breaks the resistance zone of 1.36000.