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Viktor_strifor_analyst
Apr 10, 2024 9:43 AM

Strifor || GBPUSD-10/04/2024 

British Pound/U.S. DollarFXCM

Description

Preferred direction: Neutral
Comment: The British currency perfectly worked out the scenario that we set at the beginning of the week, and all long trades were closed. At the moment, short-term strengthening is expected for the instrument, including, most likely, during the US CPI. However, just like the euro, a fall is expected here in the longer term. Particular attention will be focused on the level of 1.27000 after the publication of inflation data in the United States.


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Trade closed: target reached

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