Overall, GBP/USD is ranging across. Recently, GBP/USD traded into the resistance zone of 1.36000.
The UK CPI y/y data (Actual: 5.5%, Forecast: 5.4%, Previous: 5.4%) released yesterday indicated continued rise in inflation at a faster pace in January.
Currently, GBP/USD is testing the resistance zone of 1.36000 and the next support zone is at 1.33800.
Look for short-term buying opportunities of GBP/USD if it breaks the resistance zone of 1.36000.
The UK CPI y/y data (Actual: 5.5%, Forecast: 5.4%, Previous: 5.4%) released yesterday indicated continued rise in inflation at a faster pace in January.
Currently, GBP/USD is testing the resistance zone of 1.36000 and the next support zone is at 1.33800.
Look for short-term buying opportunities of GBP/USD if it breaks the resistance zone of 1.36000.
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.
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.