Gbpusd buy analysis Read the caption
Updated
The Pound Sterling drops during the North American session by 0.20% following a positive UK inflation report that showed prices are slowing down. At the time of writing, the GBP/USD trades at 1.2565 and tests the important 200-day moving average (DMA) after hitting a high of 1.2611.
GBP/USD tests key 200-DMA support level sponsored by investors trimming odds for Fed rate cuts
The US economic docket featured Federal Reserve speeches by the Chicago Fed President Austan Goolsbee and Governor Christopher Waller. Goolsbee said that inflation is coming down and added that current policy is restrictive. He said that rate cuts should be tied to confidence that inflation is on the Fed’s path.
Gbpusd buy now 1.25452
Confirm Target 1.26504
GBP/USD tests key 200-DMA support level sponsored by investors trimming odds for Fed rate cuts
The US economic docket featured Federal Reserve speeches by the Chicago Fed President Austan Goolsbee and Governor Christopher Waller. Goolsbee said that inflation is coming down and added that current policy is restrictive. He said that rate cuts should be tied to confidence that inflation is on the Fed’s path.
Gbpusd buy now 1.25452
Confirm Target 1.26504
Trade active
30 pips runningTrade active
50 pips DoneTrade active
Guy's support me
t.me/Xauusdgold17
Daily 3,4 Vip Singals
97% Accurate
t.me/Xauusdgold17
Join Us For Any Help
We Are Always Ready To Help You
Daily 3,4 Vip Singals
97% Accurate
t.me/Xauusdgold17
Join Us For Any Help
We Are Always Ready To Help You
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.