Overall, GBP/USD is trending downwards.
Bank of England Governor Bailey will be speaking later at 1600 (GMT+8) and 1700 (GMT+8). During these times, there may be volatility in GBP.
Currently, GBP/USD is moving towards the support zone of 1.38000 and the next resistance zone is at 1.40000.
Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.38000.
Bank of England Governor Bailey will be speaking later at 1600 (GMT+8) and 1700 (GMT+8). During these times, there may be volatility in GBP.
Currently, GBP/USD is moving towards the support zone of 1.38000 and the next resistance zone is at 1.40000.
Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.38000.
Free trading community: discord.gg/kPDXU2ZaDt