CPI Outlook GBPUSD
GBP/USD Price Action Update:
📈 Current Price: The pair is currently hovering around key levels, with resistance, likely near the 1.2215 region.
🔝 Next Resistance: A break above 1.2250 could target the 1.2300 level, potentially opening the door for further bullish movement.
🔻 Downside Support: A strong support zone is seen near 1.2190 , providing a potential floor for any bearish move.
🔮 Market Outlook:
- Watch for a break above 1.2250 to confirm bullish momentum toward 1.2300.
- A pullback to 1.2250 could offer an opportunity to buy if the pair holds support.
#GBPUSD #Forex #PriceAction #TechnicalAnalysis #MarketUpdate.
📈 Current Price: The pair is currently hovering around key levels, with resistance, likely near the 1.2215 region.
🔝 Next Resistance: A break above 1.2250 could target the 1.2300 level, potentially opening the door for further bullish movement.
🔻 Downside Support: A strong support zone is seen near 1.2190 , providing a potential floor for any bearish move.
🔮 Market Outlook:
- Watch for a break above 1.2250 to confirm bullish momentum toward 1.2300.
- A pullback to 1.2250 could offer an opportunity to buy if the pair holds support.
#GBPUSD #Forex #PriceAction #TechnicalAnalysis #MarketUpdate.
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.
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.