GBPUSD Trade Plans Pre US CPI, Post UK CPI

14 באוג׳ 2024

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.

14 באוג׳ 2024

הערה

Brace for US data.

15 באוג׳ 2024

הערה

Momentum strongly with GBP VS USD weakness. Would not be surprised if local highs breached and we reach 618-786.

15 באוג׳ 2024

הערה

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

16 באוג׳ 2024

הערה

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

19 בספט׳ 2024

הערה