GBP/USD Outlook (19 October 2021)
Overall, GBP/USD is ranging across. Recently, GBP/USD bounced up from the key level of 1.37.
Bank of England (BoE) committee member Mann will be speaking later at 1800 (GMT+8).
Also, BoE Governor Bailey will be speaking later at 2005 (GMT+8).
During these times, there may be volatility in GBP.
GBP/USD’s next support zone is at 1.36000 and the next resistance zone is at 1.38000.
Look for short-term buying opportunities of GBP/USD.
Bank of England (BoE) committee member Mann will be speaking later at 1800 (GMT+8).
Also, BoE Governor Bailey will be speaking later at 2005 (GMT+8).
During these times, there may be volatility in GBP.
GBP/USD’s next support zone is at 1.36000 and the next resistance zone is at 1.38000.
Look for short-term buying opportunities of GBP/USD.