Title: Trading GBP/USD: Key Levels to Watch Ahead of US Data
Post by: forex4you on Nov 27, 2024, 07:44 pm
Post by: forex4you on Nov 27, 2024, 07:44 pm
Trading GBP/USD: Key Levels to Watch Ahead of US Data
Source: Trading GBP/USD: Key Levels to Watch Ahead of US Data (https://www.actionforex.com/contributors/technical-analysis/577441-trading-gbp-usd-key-levels-to-watch-ahead-of-us-data/)
GBP/USD is stuck in a tight range, reflecting market indecision. Upcoming US data releases, including GDP and PCE data, could trigger a breakout from the range. The US Dollar Index's performance will heavily influence GBP/USD's movements. Cable has continued to consolidate in a 100 pip range this week with yesterday a prime example of the […]
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Source: Trading GBP/USD: Key Levels to Watch Ahead of US Data (https://www.actionforex.com/contributors/technical-analysis/577441-trading-gbp-usd-key-levels-to-watch-ahead-of-us-data/)