Overall, GBP/USD is trending upwards. Recently, GBP/USD traded into the support zone of 1.36000.
The UK CPI y/y data (Actual: 5.4%, Forecast: 5.2%, Previous: 5.1%) released yesterday indicated that prices in the UK hit the highest level since March 1992, a 30-year high level driven mainly by higher energy prices and supply chain disruptions.
During his testimony yesterday, Bank of England Governor Bailey highlighted that there are evidence of a second round of inflation effects.
Currently, GBP/USD is testing the support zone of 1.36000 and the next resistance zone is at 1.38000.
Look for short-term buying opportunities of GBP/USD if it rejects the support zone of 1.36000.
The UK CPI y/y data (Actual: 5.4%, Forecast: 5.2%, Previous: 5.1%) released yesterday indicated that prices in the UK hit the highest level since March 1992, a 30-year high level driven mainly by higher energy prices and supply chain disruptions.
During his testimony yesterday, Bank of England Governor Bailey highlighted that there are evidence of a second round of inflation effects.
Currently, GBP/USD is testing the support zone of 1.36000 and the next resistance zone is at 1.38000.
Look for short-term buying opportunities of GBP/USD if it rejects the support zone of 1.36000.
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Join my mailing list jindaotai.com/joinme
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.