GBP/USD Trade Planning for GBP CPI Data
Previous 2.3% Expected 2.2%
Anticipation that a good CPI data could push the GBP higher,
bouncing off the near support level of 1.2400.
Anticipation that a good CPI data could push the GBP higher,
bouncing off the near support level of 1.2400.
Dagangan ditutup: sasaran tercapai:
CPI data released at 2.3%
Higher than expectation of 2.2%
This indicates than the UK economy is on course towards the BoE inflation target of 2-3%.
Hence the stronger GBP.
Higher than expectation of 2.2%
This indicates than the UK economy is on course towards the BoE inflation target of 2-3%.
Hence the stronger GBP.
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