GBP/USD Outlook (21 February 2022)
Overall, GBP/USD is ranging across.
The UK flash PMI data will be released later at 1730 (GMT+8).
Flash Manufacturing PMI (Forecast: TBA, Previous: 57.3 revised from 56.9)
Flash Services PMI (Forecast: TBA, Previous: 54.1 revised from 53.3)
Currently, GBP/USD is testing the resistance zone of 1.36000 and the next support zone is at 1.33800.
Look for short-term selling opportunities of GBP/USD if it rejects the resistance zone of 1.36000.
The UK flash PMI data will be released later at 1730 (GMT+8).
Flash Manufacturing PMI (Forecast: TBA, Previous: 57.3 revised from 56.9)
Flash Services PMI (Forecast: TBA, Previous: 54.1 revised from 53.3)
Currently, GBP/USD is testing the resistance zone of 1.36000 and the next support zone is at 1.33800.
Look for short-term selling opportunities of GBP/USD if it rejects the resistance zone of 1.36000.
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