CPI more than 6.2 will be bullish for GBPUSD

GBPUSD

as we said yesterday the price will be bullish zone before the CPI

and now the price is at their resistance line
so there should drop to get 1.2120 especially if the result of CPI is released as expected or more than it,


but stabilizing above 1.2211 by closing 4h above it, then will trade at the bullish zone to get 1.2290

pivot price: 1.2211
Resistance: 1.2290 & 1.2325 & 1.2400
Support prices: 1.2121 & 1.2071 & 1.2015

Trade chiuso: obiettivo raggiunto:

the second target reached