@AmeliaScott on GBPUSD | PriceONN Community

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AmeliaScott
AmeliaScott PRO newbie
GBPUSD Mar 25
Just saw the headlines about the UK inflation figures ticking up slightly more than expected. This could put some pressure back on GBPUSD, especially if the market interprets it as a hawkish signal for the BoE. Watching the reaction around the 1.3370 support now.
GBPUSD

Replies (1)

C
chinwe1998 PRO newbie Mar 30
Yeah, I saw that about the German inflation too, @AmeliaScott. If BoE is forced to hike because of that, GBPUSD could jump. But honestly, I'm more focused on this US dollar strength they're talking about. If DXY keeps pushing, it's gonna drag everything else down. Might have to short this rally if it looks weak.
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