The CPI news took a toll on GBPUSD and this pair dropped about 40 pips.
Price has retested and rejected this hourly key level, and we could see a fall to the area of 1.37500.
We're locking sells here with targets in this area. Stops placed above this level, and we're good to go.
Price has retested and rejected this hourly key level, and we could see a fall to the area of 1.37500.
We're locking sells here with targets in this area. Stops placed above this level, and we're good to go.
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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.