Overall, GBP/USD is trending downwards.

Bank of England committee member Pill will be speaking later 2100 (GMT+8). During this time, there may be volatility in GBP.

Currently, GBP/USD is moving towards the key level of 1.33. Its next support zone is at 1.32200 and the next resistance zone is at 1.33800.
Look for short-term selling opportunities of GBP/USD if it breaks below the key level of 1.33.


Be sure to follow me on Twitter at @jdtai and on TradingView at Jin_LCMSTraders for my latest post!

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By Jin Dao Tai

JinDao Tai is an Entrepreneur, Award-Winning Forex Coach & Trainer, International Speaker and Multi-Million Dollar Trader. Starting out his career as an economic & financial consultant in Australia, one day he decided to change his life and pivoted into multiple entrepreneurship endeavours and eventually into managing a multi-million dollar portfolio.

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