Markets After CPI.
Market Open ! Price action on GBPUSD has been on a tight leash with a 250 pip range zone playground. Early year volatility could be slow however, on the flip side good volatility was seen during previous week economic data on Wednesday and Thursday.
Price left signs of bullish expectations with the weekly candlestick close. Could this be the calm before the storm situation.
Price right now is trading around last week open and the monthly open. 1.2716 & 1.2728 respectively.
Market Open ! Price action on GBPUSD has been on a tight leash with a 250 pip range zone playground. Early year volatility could be slow however, on the flip side good volatility was seen during previous week economic data on Wednesday and Thursday.
Price left signs of bullish expectations with the weekly candlestick close. Could this be the calm before the storm situation.
Price right now is trading around last week open and the monthly open. 1.2716 & 1.2728 respectively.