GBPUSD: Recovering in green
Updated
Hello dear friends!
Today, GBPUSD continues its winning streak as it continues to rise with prices fluctuating around the 1.276 level, marking a 0.21% recovery for the day.
The price increase of this currency pair is supported by a weaker US Dollar (USD) and improved risk appetite. Traders are awaiting the US Consumer Price Index (CPI) for December for new momentum, as GBPUSD will face resistance levels at 1.281 and 1.282.
What are your thoughts on the future trend of GU? My perspective prioritizes buying orders
Today, GBPUSD continues its winning streak as it continues to rise with prices fluctuating around the 1.276 level, marking a 0.21% recovery for the day.
The price increase of this currency pair is supported by a weaker US Dollar (USD) and improved risk appetite. Traders are awaiting the US Consumer Price Index (CPI) for December for new momentum, as GBPUSD will face resistance levels at 1.281 and 1.282.
What are your thoughts on the future trend of GU? My perspective prioritizes buying orders
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