GBP/USD - 1D - Test Resistance
USA CPI data was not as expected last week which is why we saw the USD sell off. Retail sales, inflation, employment and wages data will be released this week for the UK which will be a big indication on whether or not BoE will increase interest rates. If we see strong data then im sure we will test 1.36635 resistance.
Note
Also MA has a bullish cross on the 4h.
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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.