Overall, GBP/USD is trending downwards. Recently, GBP/USD bounced off the support zone of 1.32200.
The UK GDP m/m data (Actual: 0.1%, Forecast: 0.4%, Previous: 0.6%) released last Friday indicated a slowdown in economic growth in October.
GBP/USD’s next support zone is at 1.32200 and its next resistance zone is at 1.33800.
Look for short-term buying opportunities of GBP/USD.
The UK GDP m/m data (Actual: 0.1%, Forecast: 0.4%, Previous: 0.6%) released last Friday indicated a slowdown in economic growth in October.
GBP/USD’s next support zone is at 1.32200 and its next resistance zone is at 1.33800.
Look for short-term buying opportunities of GBP/USD.