Elkana Roveglia BA
Takemytrades.com
British £ is still trading in a dowtrend move. Today we have the CPI y/y inflation data. If the data will be negative we will look for an opportunity to the downside to start a long term sell. We are looking for the first target @ 1.5100. Once we break below we will look for our second target to 1.5072 going towards 1.5026/1.5000. Remember that tomorrow is FOMC and this currency might wait until tomorrow before start moving.
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