TheForexMessiah

GBP/USD back in the range

Long
TheForexMessiah Updated   
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD has broken above the 1.26 level following the CPI data from last week which resulted in DXY losses.

Expect price to continue up to the 1.28 level.

Await short term price action above or below the previous day high/low (PDH/PDL) before entering long orders.
Trade active
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.