Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.24300 zone, GBPUSD was trading in a downtrend but after today's CPI data successfully managed to break it out, now we will be waiting for a correction to watch a potential retrace of the trend around 1.243 Support area. today's CPI came below expectations and also the previous US data where soft which indicate that fed will likely take a pause for rate hikes.
Trade safe, Joe.
Trade safe, Joe.
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Free Telegram Group:
t.me/+MDJZTdS-Mw0xZTA0
The 1% Traders Club:
t.me/+C08gijSq2PMyZTVk
t.me/+MDJZTdS-Mw0xZTA0
The 1% Traders Club:
t.me/+C08gijSq2PMyZTVk
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.