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Pound might surge higher as Britain prepares for the reopening – GBP/USD Market Outlook – 29/03/2021

SquaredFinancial

The Pound bulls shrugging off any Brexit concerns, pushing the pair to retest our 1.38 target. However, we think this could be the beginning of the rally, as Britain prepares for the reopening, lifting any lockdown restrictions. If 1.3750 support holds, we might see a rally towards 1.3850 soon.

Support: 1.3750 / 1.3690
Resistance: 1.38 / 1.3850

SquaredFinancial Daily Market Outlook


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Source: https://www.squaredfinancial.com/learn/daily-market-outlook/pound-might-surge-higher-as-britain-prepares-for-the-reopening-gbp-usd-market-outlook-29-03-2021
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