ByJin Dao Tai
JUL 9, 2021
Overall, GBP/USD is trending downwards.
G20 meetings will be held today. During this time, there may be volatility in the market.
Bank of England Governor Bailey will be speaking later at 1800 (GMT+8). During this time, there may be volatility in GBP.
Currently, GBP/USD is testing the support zone of 1.38000 and the next resistance zone is at 1.40000.
Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.38000.
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