GBP/USD holds lower levels near 1.2850
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Regarding the influential factors: Currently, GBP/USD is holding losses below 1.2850, trading around 1.2836, marking a 0.13% decline for the day. Meanwhile, the US dollar is preventing its losing streak as the market turns cautious ahead of the highly significant US CPI report scheduled for Tuesday. Trading within a range may continue in the coming days.
With the current picture, we are expecting a clear break below the support at 1.2800 or above the resistance level 1,2900. This will contribute to making the market more heated than ever.
Regarding the influential factors: Currently, GBP/USD is holding losses below 1.2850, trading around 1.2836, marking a 0.13% decline for the day. Meanwhile, the US dollar is preventing its losing streak as the market turns cautious ahead of the highly significant US CPI report scheduled for Tuesday. Trading within a range may continue in the coming days.
With the current picture, we are expecting a clear break below the support at 1.2800 or above the resistance level 1,2900. This will contribute to making the market more heated than ever.
Trade active
Trade closed: target reached
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