Hello Traders,
Very busy day today:
first better than expected UK retail sales, after this gbp-usd holds support near 1,8850 and we saw strong bounce twds 1,8910, failure break 1,8900 pushed pair back to 1,8870...
then us core inflation worst than expected,
eur-usd tested 1,2835-40 and gbp-usd tested strong 1,8930 region... still no clear direction while below this levels...
rest us data was in line with expectation and failure break resistance pushed eur and gbp vs usd on lower levels...
eur-usd quick back below 1,2800 suggest that tommorow we should see test 1,2770 again and even 1,2750
gbp-usd - quick back below 1,89000 suggest that we should see another test 1,8840-50 level and if will be break next 1,8780-8800
Trading idea:
Try to buy usd on dips during asia or early european session
Good Luck Good Trade
Piotr
p.s.
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