GBP/USD Signal - USD Consumer Price Index - 10 June 2021

Signal Details

Entry Price:

1.4115

Take Profit:

1.4220

Stop Loss:

1.4060

Direction:

Buy

How we trade

GBPUSD is trading in a range prior to the USD Consumer Price Index data, which shows the change in price across a representative basket of goods and services and is used to measure inflation. Technically the major forex pair is at range support and above the key 1.4100 level. We anticipate upside into the range resistance, and potentially beyond. Our upside target is 1.4220.

Get the latest live forex news with Hammer Capital News!

Submitted by Toni H. on Thu, 10 Jun 2021 02:14:25 GMT

Live Broker Spreads

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.

GBP/USD Signal - USD Consumer Price Index - 10 June 2021

You are here

Live Broker Spreads

Site Pages

Legal Pages

Social Corner

Trading tools