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GBP/USD Outlook (06 September 2021)

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GBP/USD Outlook (06 September 2021)

ByJin Dao Tai

 SEP 6, 2021

GBP/USD Outlook (06 September 2021)

Overall, GBP/USD is ranging across. Recently, GBP/USD strengthened after the release of the disappointing U.S. jobs report.

The UK Construction PMI data (Forecast: 57.4Previous: 58.7) will be released later at 1630 (GMT+8).

Bank of England MPC member Mann will be speaking later at 1910 (GMT+8). During this time, there may be volatility in GBP.

GBP/USD’s next support zone is at 1.38000 and the next resistance zone is at 1.40000.

Look for buying opportunities of GBP/USD.

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