ByJin Dao Tai
AUG 17, 2021

Overall, GBP/USD is ranging across.
The UK employment data will be released later at 1400 (GMT+8).
- Average Earnings Index 3m/y (Forecast: 8.6%, Previous: 7.35)
- Claimant Count Change (Forecast: TBA, Previous: -114.8K)
- Unemployment Rate (Forecast: 4.8%, Previous: 4.8%)
Currently, GBP/USD is moving towards the support zone of 1.38000 and the next resistance zone is at 1.40000.
Look for short-term buying opportunities of GBP/USD if it bounces off the support zone of 1.38000.
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