GBP / USD Intraday Outlook Ahead of UK Inflation Data

in #tradingforex • 6 years ago

outlook-intraday-gbpusd-jelang-data-inflasi-inggris-285364-23514.png

On the downside, a break or closing price (H1 / H4) below 1.3121 has the potential to confirm interest in sellers. This could push the pullback towards Kijun-sen H4 dynamic support (now at 1.3100) and 1.3049.

Conversely on the upside side, a break or closing price (H1 / H4) above 1.3173 / 75 is needed to break the Evening Star, while increasing the potential for bullish continuation towards the resistance 1.3214 / 20 and 1.3250, or even higher.

Please always pay attention to the price action or candle pattern that reflects the market response, especially after UK inflation data later in the afternoon.

GBP / USD meanwhile recorded a slight rise of 0.01% in the range of 1.3149 at 09:28 WIB.

https://www.seputarforex.com/analisa/outlook-intraday-gbpusd-jelang-data-inflasi-inggris-285364-21

I am not from the financial part, the price can change depending on the conditions ... I only share information

#chartpricebuyansell #news #articel
6 years ago in #tradingforex by
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