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Michael_Harding
May 21, 2023 9:06 PM

GBPUSD - Previewing the Week Ahead Short

British Pound/U.S. DollarFXCM

Description

Market participants will be focusing on inflation data this upcoming week with CPI reporting Wednesday from the UK and PCE on Friday from the US.

Should inflation data slow from the UK as expected, this pair will likely trend lower towards the next level of support as shown on the chart above.
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