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GBP/USD Outlook (30 November 2021)

Short
Livre sterling / Dollar américain (FX:GBPUSD)  
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FX:GBPUSD   Livre sterling / Dollar américain
Trend Analysis Forex macro technical trend GBPUSD Contains image
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trendanalysis forex macro technical trend gbpusd containsimage
Overall, GBP/USD is trending downwards. Recently, GBP/USD bounced off the resistance zone of 1.33800.

Currently, GBP/USD is bouncing up from the key level of 1.33. Its next support zone is at 1.32200 and its next resistance zone is at 1.33800.
Look for short-term selling opportunities of GBP/USD only if it breaks below the key level of 1.33.
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