GBPUSD reclaims losses ahead of CPI data
Updated
The GBPUSD opened with bulls pushing back towards the 1.2700 level. However, bearish sentiments continues to linger as investors closely watch the upcoming CPI data today and Retail sales from the UK on Friday. Key levels to watch out for are 1.23000 on the downside and upside is limited by 1.2700 level
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1.2700 has held, I anticipate further bearish move in the following days
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