Previous post Next post

The GBPUSD is sharply lower after lower CPI in the UK. Sellers take more control

The GBPUSD experienced a sharp decline following lower-than-expected UK CPI data, causing sellers to take a stronger grip on the market.

Despite recent gains and reaching its highest levels since April 2022, the currency pair has shifted its short to intermediate-term bias back to the downside.

Traders are now eagerly awaiting to see what lies ahead for the GBPUSD.
Full story here Are you the author?
About Forexlive
Forexlive
Founded in 2008, ForexLive has been the go to source for both professional and retail traders from around the globe. Our core belief is that all traders want relevant and succinct trading information, and we deliver it 24 hours a day.
Previous post See more for 4.) Forex Live Next post
Tags: ,

Permanent link to this article: https://snbchf.com/video/gbpusd-lower-after-lower-cpi-uk-sellers-more-control/

1 ping

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.