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GBP/USD Price Turns Bearish Under 1.11 Ahead of Fed, US CPI

Started by forex4you, Oct 11, 2022, 02:01 am

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Oct 11, 2022, 02:01 am
GBP/USD Price Turns Bearish Under 1.11 Ahead of Fed, US CPI

The GBP/USD pair is bearish as long as it stays under the immediate downtrend line. A new lower low activates more declines. The US inflation data could be decisive on Thursday. The GBP/USD price dropped in the last few days. The pair is trading at 1.1051 at the time of writing. The bias is bearish … Continued


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