UK Retails Sales for July will be announced today. Expectation of the data for today is weak and may giving the pound to go lower. On the other hand for the Dollar view , the economic data also will be announced today as well it also show the expectations is weak.
Strategy implement for this pair is to scalp a little when the UK economic data release. Due to overall technical view , bear pushing level getting slow and have to plan more short-term when holding the pair.
Current resistance level : 1.2100 Current Support Level : 1.20400
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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.