Today, GBP/USD rose to 1.3238, reaching its highest level since October 3, 2024. In the early London market, it briefly touched a low of 1.3184 and then rebounded quickly.
The UK's inflation data for March will be released tomorrow. If the actual data meets or exceeds expectations, it will further enhance the market's expectations that the Bank of England will maintain its current monetary policy or adopt a tightening policy. As a result, the British pound will be supported, and the GBP/USD will be driven to rise.
GBPUSD trading strategy
buy @:1.31900-1.32100
sl 1.31300
tp 1.32550-1.32750
If my strategy is helpful to you, please give a thumbs-up for support. If you have different opinions, you can leave your thoughts in the comments. 👉👉👉
The UK's inflation data for March will be released tomorrow. If the actual data meets or exceeds expectations, it will further enhance the market's expectations that the Bank of England will maintain its current monetary policy or adopt a tightening policy. As a result, the British pound will be supported, and the GBP/USD will be driven to rise.
GBPUSD trading strategy
buy @:1.31900-1.32100
sl 1.31300
tp 1.32550-1.32750
If my strategy is helpful to you, please give a thumbs-up for support. If you have different opinions, you can leave your thoughts in the comments. 👉👉👉
Join my free Telegram channel right away and achieve financial freedom.
👉 t.me/+xZQ4ipz0cXc1ZjU0
👉 t.me/+xZQ4ipz0cXc1ZjU0
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 free Telegram channel right away and achieve financial freedom.
👉 t.me/+xZQ4ipz0cXc1ZjU0
👉 t.me/+xZQ4ipz0cXc1ZjU0
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.