When the currency stagnates, inflation is likely to rise

Updated
The British Pound broke its downtrend at H4
DXY hit the nearest resistance and is tending to turn back as the war escalates
Currently the war situation is quite tense and we can witness a global food crisis
In addition, OPEC countries are planning to reduce production and stop selling
Note
BUY GBPUSD 1.2177 - 1.2160
SL 1.2100
TP1 1.2200 ✅
TP2 1.2250✅
DXYFundamental AnalysisGBPUSDTechnical IndicatorssignalstradingtradingsignalsTrend Analysis

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