JinDao_Tai

GBP/USD Outlook (23 December 2021)

Long
FX:GBPUSD   Livre sterling / Dollar américain
Overall, GBP/USD is ranging across. Recently, GBP/USD bounced broke above the key level of 1.33.

The UK Final GDP q/q data (Actual:1.1%, Forecast: 1.3%, Previous: 1.3%) released yesterday indicated a slowdown in economic growth during the third quarter.

Currently, GBP/USD is trading towards the resistance zone of 1.33800 and the next support zone is at 1.32200.
Look for short-term buying opportunities of GBP/USD only after it breaks above the resistance zone of 1.33800.

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