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GBP/USD Outlook (02 March 2022)

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Overall, GBP/USD is ranging across. Recently, GBP/USD broke the support zone of 1.33800.

Bank of England committee member Tenreyro and Cunliffe will be speaking tomorrow at 0230 (GMT+8) and 0400 (GMT+8) respectively. During these times, there may be volatility in GBP.

Currently, GBP/USD is bouncing up from the key level of 1.33. Its next support zone is at 1.32200 and the next resistance zone is at 1.33800.
Look for short-term selling opportunities of GBP/USD only when it trades below the key level of 1.33.

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