Sterling: Bounce from Kumo cloud, What next ?

FX:GBPUSD   British Pound / U.S. Dollar
264 1 3
Cable rejected 1.5400 level and bounce from Kumo cloud as well as Kijun Sen.

I very hoped Cable could rally more last week, but Cable dissappointed me.

The fear of low inflation and weak data cut market appetite for Cable.

Next week, the main focus is UK CPI             and like I said, BOE feared that inflation still hold under 1% this year and cann't meet their expectation.

I keep neutral view for GBPUSD             currently cause of weak Dollar and weak Cable. GBPUSD             should trade in range next couple weaks and BUY AROUND 1.5200 IS A GOOD OPTION.
Thanks boss.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out