GBP/USD Outlook (02 July 2021)

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GBP/USD Outlook (02 July 2021)

ByJin Dao Tai

 JUL 2, 2021

GBP/USD Outlook (02 July 2021)

Overall, GBP/USD is trending downwards. Recently, GBP/USD broke the support zone of 1.38000.

Currently, GBP/USD is moving towards the resistance zone of 1.38000 and the next support zone is at 1.36000.

If GBP/USD bounces off the resistance zone of 1.38000, look for short-term selling opportunities up until the release of the U.S. jobs report at 2030 (GMT+8).


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