GBP/USD Outlook (06 October 2021)
Overall, GBP/USD is trending downwards.
The UK Construction PMI data (Forecast: 53.9, Previous: 55.2) will be released later at 1630 (GMT+8).
Currently, GBP/USD is testing the resistance zone of 1.36000 and the next support zone is at 1.34000.
Look for selling opportunities of GBP/USD if it rejects the resistance zone of 1.36000.
The UK Construction PMI data (Forecast: 53.9, Previous: 55.2) will be released later at 1630 (GMT+8).
Currently, GBP/USD is testing the resistance zone of 1.36000 and the next support zone is at 1.34000.
Look for selling opportunities of GBP/USD if it rejects the resistance zone of 1.36000.