GBPUSD Trade Plans Pre US CPI, Post UK CPI

43
Inflation rose in the UK to 2.2%, just below the 2.3% forecast.

This has put chances of cuts in Sept up slightly, nearing 47%.

This also has not really changed the picture for the GBP (VS the USD). Likely Markets are awaiting CPI out the FED.

Any shock miss could spell a string of issues for the US economy, and the US dollar.
Nota
Brace for US data.
Nota
Momentum strongly with GBP VS USD weakness. Would not be surprised if local highs breached and we reach 618-786.

snapshot
Nota
Lower TF resistance sustained - would not be surprised if price sticks and then breaks.

snapshot
Nota
Still no huge outlier for shorts. Would not be surprised if higher but not buying at all.

snapshot
Nota

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.