GBPUSD
as we said yesterday the price will be bullish zone before the CPI
and now the price is at their resistance line
so there should drop to get 1.2120 especially if the result of CPI is released as expected or more than it,
but stabilizing above 1.2211 by closing 4h above it, then will trade at the bullish zone to get 1.2290
pivot price: 1.2211
Resistance: 1.2290 & 1.2325 & 1.2400
Support prices: 1.2121 & 1.2071 & 1.2015
as we said yesterday the price will be bullish zone before the CPI
and now the price is at their resistance line
so there should drop to get 1.2120 especially if the result of CPI is released as expected or more than it,
but stabilizing above 1.2211 by closing 4h above it, then will trade at the bullish zone to get 1.2290
pivot price: 1.2211
Resistance: 1.2290 & 1.2325 & 1.2400
Support prices: 1.2121 & 1.2071 & 1.2015
Trade closed: target reached
the second target reached
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Related publications
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.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Related publications
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.