Sterlina / DollaroShort
POST CPI GBPUSD
Post CPI Analysis:
Yesterday, we saw some notable volume as price pushed towards the daily resistance level around 1.2300. However, this resistance held firm, with bears stepping in and driving price back down toward support at 1.2215.
Possible Scenarios:
- Bullish Continuation (Pullback Scenario): If the support around 1.2215 holds and price begins to stabilize, this could be a pullback within an overall bullish trend, potentially setting up for another attempt toward the 1.2300 resistance level. A strong bounce from this area could signal a continuation to the upside.
- Bearish Breakdown (Support Failure):Alternatively, price is flirting with breaking below the 1.2200 support level. If this level fails to hold, we could see further downside, with the next key support zone around 1.2100.
Stay alert for a clear breakout or bounce to confirm the next move.
Yesterday, we saw some notable volume as price pushed towards the daily resistance level around 1.2300. However, this resistance held firm, with bears stepping in and driving price back down toward support at 1.2215.
Possible Scenarios:
- Bullish Continuation (Pullback Scenario): If the support around 1.2215 holds and price begins to stabilize, this could be a pullback within an overall bullish trend, potentially setting up for another attempt toward the 1.2300 resistance level. A strong bounce from this area could signal a continuation to the upside.
- Bearish Breakdown (Support Failure):Alternatively, price is flirting with breaking below the 1.2200 support level. If this level fails to hold, we could see further downside, with the next key support zone around 1.2100.
Stay alert for a clear breakout or bounce to confirm the next move.
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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.