GBPUSD Trade Plans Pre US CPI, Post UK CPI

١٤ أغسطس ٢٠٢٤

Inflation rose in the UK to 2.2%, just below the 2.3% forecast.

This has put chances of cuts in Sept up slightly, nearing 47%.

This also has not really changed the picture for the GBP (VS the USD). Likely Markets are awaiting CPI out the FED.

Any shock miss could spell a string of issues for the US economy, and the US dollar.

١٤ أغسطس ٢٠٢٤

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Brace for US data.

١٥ أغسطس ٢٠٢٤

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Momentum strongly with GBP VS USD weakness. Would not be surprised if local highs breached and we reach 618-786.

١٥ أغسطس ٢٠٢٤

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Lower TF resistance sustained - would not be surprised if price sticks and then breaks.

١٦ أغسطس ٢٠٢٤

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Still no huge outlier for shorts. Would not be surprised if higher but not buying at all.

١٩ سبتمبر ٢٠٢٤

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