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GBP/USD Outlook (01 November 2021)

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
JinDao_Tai  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Forex fundemental macro technical trend GBPUSD Contains image
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trendanalysis forex fundemental macro technical trend gbpusd containsimage
Overall, GBP/USD is trending upwards. Recently, GBP/USD rejected the resistance zone of 1.38000 and broke below the key level of 1.37.

Currently, GBP/USD is moving towards the key level of 1.37. Its next support zone is at 1.36000 and the next resistance zone is at 1.38000.
Look for short-term selling opportunities of GBP/USD if it bounces down from the key level of 1.37.
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