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GBP/USD Outlook (19 October 2021)

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GBP/USD Outlook (19 October 2021)

ByJin Dao Tai

 OCT 19, 2021

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.

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