GBP has been in a downtrend for a few weeks now, and is engaging with downwards
momentum once again this morning. However, with CPI due in just ove 2 hours,
we would suggest waiting for the data to hit and playing the reaction.
The market is expecting a neutral/positive number but our analysis would suggest
strong potential for a negative number. Updates to follow.
momentum once again this morning. However, with CPI due in just ove 2 hours,
we would suggest waiting for the data to hit and playing the reaction.
The market is expecting a neutral/positive number but our analysis would suggest
strong potential for a negative number. Updates to follow.
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Join over 42,000 traders and get the Forex Course for Smart Traders - 17 in-depth lessons - always 100% free at MarketMates.
Related publications
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.