ByJin Dao Tai
JUL 7, 2021
Overall, GBP/USD is trending downwards. Recently, GBP/USD trended into the support zone of 1.38000.
The UK Construction PMI data (Actual: 66.3, Forecast: 63.9, Previous: 64.2) released yesterday indicated continued expansion of the construction sector at a faster pace.
GBP/USD’s next support zone is at 1.38000 and the next resistance zone is at 1.40000.
Look for short-term buying opportunities of GBP/USD.
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