GBP/USD Outlook (06 September 2021)
SEP 6, 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: 57.4, Previous: 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.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.