The USD is continuing to assert its strength across the markets.
In the calendar today we have the US CPI m/m, Core CPI m/m – an economic indicator that measures change in the price of goods and services purchased by consumers, excluding food and energy.
The forecast for both are worse than previous results.
We’ll, however, look at the charts for possible places price will touch.
GBPUSD forecast for today.
A strong dollar will see us test these levels.
1.22534. 1.22167, 1.21701
While a strong pound will have buyers reach for 1.23882 and above 1.24715
Hope you have yourself a great and profitable trading day.
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