Overall, GBP/USD is trending upwards.
The UK CPI y/y data will be released later at 1500 (SGT).
Look for short-term selling opportunities of GBP/USD if it bounces off the resistance zone of 1.32200.
The UK CPI y/y data will be released later at 1500 (SGT).
- CPI y/y (Forecast: 0.5%, Previous: 0.5%)
- Core CPI y/y (Forecast: 1.3%, Previous: 1.3%)
Look for short-term selling opportunities of GBP/USD if it bounces off the resistance zone of 1.32200.
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