GBPUSD(20250717)Today's Analysis

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Market news:
The annual rate of PPI in the United States in June was 2.3%, lower than the expected 2.5%, the lowest since September 2024, and the previous value was revised up from 2.6% to 2.7%. Federal Reserve Beige Book: The economic outlook is neutral to slightly pessimistic. Manufacturing activity declined slightly, and corporate recruitment remained cautious.

Technical analysis:
Today's buying and selling boundaries:
1.3423

Support and resistance levels:
1.3544
1.3499
1.3470
1.3377
1.3348
1.3303

Trading strategy:
If it breaks through 1.3423, consider buying, and the first target price is 1.3470
If it breaks through 1.3377, consider selling, and the first target price is 1.3348

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