ByJin Dao Tai
SEP 24, 2021
Overall, GBP/USD is ranging across. Recently, GBP/USD strengthened and broke above the key level of 1.37.
The UK flash PMI data released yesterday indicated a slowdown in business activities in August due to the ongoing supply-chain disruption and declining demand.
- Flash Manufacturing PMI (Actual: 56.3, Forecast: 59.0, Previous: 60.3 revised from 60.1)
- Flash Services PMI (Actual: 54.6, Forecast: 55.0, Previous: 55.0 revised from 55.5)
During the monetary policy meeting yesterday, the Bank of England (BoE) kept its monetary policy unchanged while no announcement on quantitative easing (QE) tapering was made. However, two committee members voted for a reduction in asset purchase as opposed to the forecast of one member, indicating a progression toward QE tapering. The central bank also revised down its third-quarter GDP from 2.9% to 2.1% amid the ongoing issue of supply constraints on output.
GBP/USD’s next support zone is at 1.36000 and the next resistance zone is at 1.38000.
Look for short-term buying opportunities of GBP/USD.
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
