GBP/USD Outlook (22 July 2021) for FX:GBPUSD by Jin_LCMSTraders



Overall, GBP/USD is trending downwards. Recently, GBP/USD bounced off the support zone of 1.36000. Bank of England committee member Broadbent will be speaking later at 1630 (GMT+8). During this time, there may be volatility in GBP. Currently, GBP/USD is testing to break above the key level of 1.37. Its 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 if it breaks above the key level of 1.37.



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