Overall, GBP/USD is trending downwards. Recently, GBP/USD broke below the key level of 1.33.
The UK Retail Sales data (Actual: 1.4%, Forecast: 0.8%, Previous: 1.1% revised from 0.8%) released last Friday indicated that consumer spending rose more than expected in November.
Currently, GBP/USD is testing the support zone of 1.32200 and its next resistance zone is at 1.33800.
Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.32200.
The UK Retail Sales data (Actual: 1.4%, Forecast: 0.8%, Previous: 1.1% revised from 0.8%) released last Friday indicated that consumer spending rose more than expected in November.
Currently, GBP/USD is testing the support zone of 1.32200 and its next resistance zone is at 1.33800.
Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.32200.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join my mailing list jindaotai.com/joinme
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.