Preferred direction: BUY
Comment: Buying the pound does not lose its relevance, where we are developing within the framework of scenario 2. Despite the short-term fall of the currency pair against the backdrop of inflation data, the instrument is likely to recover in the very near future.
The short-term outlook, according to the technical picture, is positive for the pound. Thus, we continue to adhere to the buy-priority and wait for a re-test of the current high at the level of 1.28000.
Thank you for like and share your views!
Comment: Buying the pound does not lose its relevance, where we are developing within the framework of scenario 2. Despite the short-term fall of the currency pair against the backdrop of inflation data, the instrument is likely to recover in the very near future.
The short-term outlook, according to the technical picture, is positive for the pound. Thus, we continue to adhere to the buy-priority and wait for a re-test of the current high at the level of 1.28000.
Thank you for like and share your views!
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