GBP/USD Price Analysis: Key Levels to Watch Before US CPI Data Release

Wednesday, 10 July 2024, 13:23

This post analyzes the potential movement of the GBP/USD pair targeting the crucial 1.3 level in light of the upcoming US CPI report. It outlines key entry and exit levels to monitor for potential trading opportunities, providing insights for traders and investors. The focus is on understanding the impact of the US CPI data on the forex market and the GBP/USD exchange rate.
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GBP/USD Price Analysis: Key Levels to Watch Before US CPI Data Release

GBP/USD Forecast

Key Considerations:

  • GBP/USD eyes 1.3 handle amidst US CPI release
  • Key entry and exit levels highlighted for trading
  • Analysis of potential movements pre and post US CPI data

This post delves into the forex analysis, focusing on GBP/USD and US Dollar Index Futures. It provides valuable insights for traders and investors looking to navigate the market in anticipation of the upcoming data release.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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