GBP/USD Outlook (6 December 2019)

2019-12-06 13:58:01

Overall, GBP/USD is trending upwards. Recently, GBP/USD trended higher, breaking the key level of 1.31 upwards due to optimism in the U.K. General Election next week.
Currently, GBP/USD is testing the resistance level of 1.31700 and its next support level is at 1.29800.
Look for trading opportunities only after the U.S. non-farm payroll data is released.