Strifor || GBPUSD-US CPI
Preferred direction: BUY
Comment: The British currency is also expected to boost amid the publication of US CPI data. This is the most likely scenario and is indicated on the chart as scenario №1. Login is expected just before the data is published. One can especially consider buy-position through pending orders if the price immediately falls to 1.25396. Near this level, one can accumulate a buy-position with a target at the level of 1.27000 (scenario №2).
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: The British currency is also expected to boost amid the publication of US CPI data. This is the most likely scenario and is indicated on the chart as scenario №1. Login is expected just before the data is published. One can especially consider buy-position through pending orders if the price immediately falls to 1.25396. Near this level, one can accumulate a buy-position with a target at the level of 1.27000 (scenario №2).
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
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