GBPUSD Trade Plans Pre US CPI, Post UK CPI
Inflation rose in the UK to 2.2%, just below the 2.3% forecast.
This has put chances of cuts in Sept up slightly, nearing 47%.
This also has not really changed the picture for the GBP (VS the USD). Likely Markets are awaiting CPI out the FED.
Any shock miss could spell a string of issues for the US economy, and the US dollar.
This has put chances of cuts in Sept up slightly, nearing 47%.
This also has not really changed the picture for the GBP (VS the USD). Likely Markets are awaiting CPI out the FED.
Any shock miss could spell a string of issues for the US economy, and the US dollar.
Nota
Brace for US data.Nota
Momentum strongly with GBP VS USD weakness. Would not be surprised if local highs breached and we reach 618-786.
Nota
Lower TF resistance sustained - would not be surprised if price sticks and then breaks.
Nota
Still no huge outlier for shorts. Would not be surprised if higher but not buying at all.
Nota
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Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.