Overall, GBP/USD is ranging across. Recently, GBP/USD failed to break below the key level of 1.41.
Earlier today, UK Prime Minister Boris Johnson delayed the lockdown lifting by four weeks to 19 July.
The UK employment data will be released later at 1400 (GMT+8).
Bank of England Governor Bailey will be speaking later at 2015 (GMT+8). During this time, there may be volatility in GBP.
Currently, GBP/USD is hovering above the key level of 1.41. Its 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 if it breaks below the key level of 1.41.
Earlier today, UK Prime Minister Boris Johnson delayed the lockdown lifting by four weeks to 19 July.
The UK employment data will be released later at 1400 (GMT+8).
- Average Earnings Index 3m/y (Forecast: 4.9%, Previous: 4.0%)
- Claimant Count Change (Forecast: 25.0K, Previous: -15.1K)
- Unemployment Rate (Forecast: 4.7%, Previous: 4.8%)
Bank of England Governor Bailey will be speaking later at 2015 (GMT+8). During this time, there may be volatility in GBP.
Currently, GBP/USD is hovering above the key level of 1.41. Its 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 if it breaks below the key level of 1.41.