Overall, GBP/USD is trending upwards. Recently, GBP/USD trended higher, breaking the resistance zone of 1.32000.
The UK CPI y/y data will be released later at 1400 (SGT).
Look for buying opportunities of GBP/USD if it bounces off the support zone of 1.32000.
The UK CPI y/y data will be released later at 1400 (SGT).
- CPI y/y (Forecast: 0.6%, Previous: 0.6%)
- Core CPI y/y (Forecast: 1.3%, Previous: 1.4%)
Look for buying opportunities of GBP/USD if it bounces off the support zone of 1.32000.