GBP/USD Outlook (02 December 2020)
Overall, GBP/USD is trending upwards.
The UK Final Manufacturing PMI data (Actual: 55.6, Forecast: 55.2, Previous: 55.2) released yesterday indicated a slight upward revision in the rate of expansion of the manufacturing sector in November.
GBP/USD’s next support zone is at 1.32200 and the next resistance zone is at 1.34600.
Look for buying opportunities of GBP/USD.
The UK Final Manufacturing PMI data (Actual: 55.6, Forecast: 55.2, Previous: 55.2) released yesterday indicated a slight upward revision in the rate of expansion of the manufacturing sector in November.
GBP/USD’s next support zone is at 1.32200 and the next resistance zone is at 1.34600.
Look for buying opportunities of GBP/USD.
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