Technicals

Add as a preferred source on Google

GBP/USD sees dip buyers emerging after UK inflation data

Dip buyers seen after knee-jerk GBP drop on UK Jan inflation data Annualized CPI falls to 0.3%, as per Reuters poll forecast GBP bulls emphasize expansion of UK earnings growth vs CPI UK annualized core CPI rises to 1.4%…

1 min read
EconoTimes — Reading the Times. Understanding the Future.

Read the original article

  • Dip buyers seen after knee-jerk GBP drop on UK Jan inflation data

  • Annualized CPI falls to 0.3%, as per Reuters poll forecast

  • GBP bulls emphasize expansion of UK earnings growth vs CPI

  • UK annualized core CPI rises to 1.4% in Jan, from 1.3% in Dec

  • 1.5332 = cable low post-UK CPI. 1.5345 = pre-data release low 

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560