GBPUSD
A bearish divergence is observed on daily chart which may lead it to a price drop due to the following reasons:
UK Economic Concerns: News and data releases indicating slower UK economic growth or rising inflation could weaken the Pound. Keep an eye on any upcoming reports about UK's Producer Price Index (PPI) data. If it comes in lower than expected, it could signal weaker inflationary pressures, but also potentially slower growth.
Resistance Levels: The GBPUSD recently faced resistance around 1.2816. If it fails to break through this level, it could indicate a potential decline.
Let's monitor.
UK Economic Concerns: News and data releases indicating slower UK economic growth or rising inflation could weaken the Pound. Keep an eye on any upcoming reports about UK's Producer Price Index (PPI) data. If it comes in lower than expected, it could signal weaker inflationary pressures, but also potentially slower growth.
Resistance Levels: The GBPUSD recently faced resistance around 1.2816. If it fails to break through this level, it could indicate a potential decline.
Let's monitor.
Transaction en cours
Trade triggered, lets wait and watch now.Trade fermée: ordre d’arrêt atteint
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.