Overall, GBP/USD is ranging across. Recently, GBP/USD weakened after the release of the hawkish Federal Reserve meeting minutes.
The UK CPI y/y data (Actual: 2.0%, Forecast: 2.3%, Previous: 2.5%) released yesterday indicated a slowdown in annual inflation but still in line with the Bank of England’s target.
GBP/USD’s next support zone is at 1.36000 and the next resistance zone is at 1.38000.
Look for short-term selling opportunities of GBP/USD.
The UK CPI y/y data (Actual: 2.0%, Forecast: 2.3%, Previous: 2.5%) released yesterday indicated a slowdown in annual inflation but still in line with the Bank of England’s target.
GBP/USD’s next support zone is at 1.36000 and the next resistance zone is at 1.38000.
Look for short-term selling opportunities of GBP/USD.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join my mailing list jindaotai.com/joinme
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.