ByJin Dao Tai
JUN 11, 2021
Overall, GBP/USD is ranging across. Recently, GBP/USD bounced up from the key level of 1.41.
Bank of England Governor Bailey will be speaking later at 1630 (GMT+8). During this time, there may be volatility in GBP.
Day 1 of the G7 meetings will be held today. During this time, there may be volatility in the market. Also, day 2 and 3 of the meetings will be held over the weekend.
GBP/USD’s next support zone is at 1.40000 and the next resistance zone is at 1.43500.
Look for short-term selling opportunities of GBP/USD.
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