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Please share your personal opinions in the comments. We kindly ask for your support with boosters and subscriptions.
Concerns about a full-scale confrontation between Israel and Iran have significantly eased, while serious concerns about the recent sharp depreciation of the Korean won and Japanese yen have been noted following the trilateral finance ministers' meeting between South Korea, the United States, and Japan. Mention of appropriate measures has brought about a weakening of the dollar. However, there are still concerns that the timing of the Fed's interest rate cuts may be delayed, so the weakness of the dollar is expected to be limited.
- The UK's March CPI, released on April 17th, exceeded expectations at 3.2%, surpassing the forecasted 3.1%.
- The US first-quarter GDP will be released on April 25th.
- On April 26th, there will be the Bank of Japan's interest rate decision and the US March Personal Consumption Expenditures Price Index.
The GBPUSD price is showing a rebound within the expected range and a rise to the 1.28000 line is likely with this rebound. However, it is still uncertain whether it can break through the upper resistance, and if it encounters resistance, it could increase the downward momentum to the 1.23500 line.
If there are movements contrary to expectations, we will quickly adjust our strategy.
Please share your personal opinions in the comments. We kindly ask for your support with boosters and subscriptions.
Concerns about a full-scale confrontation between Israel and Iran have significantly eased, while serious concerns about the recent sharp depreciation of the Korean won and Japanese yen have been noted following the trilateral finance ministers' meeting between South Korea, the United States, and Japan. Mention of appropriate measures has brought about a weakening of the dollar. However, there are still concerns that the timing of the Fed's interest rate cuts may be delayed, so the weakness of the dollar is expected to be limited.
- The UK's March CPI, released on April 17th, exceeded expectations at 3.2%, surpassing the forecasted 3.1%.
- The US first-quarter GDP will be released on April 25th.
- On April 26th, there will be the Bank of Japan's interest rate decision and the US March Personal Consumption Expenditures Price Index.
The GBPUSD price is showing a rebound within the expected range and a rise to the 1.28000 line is likely with this rebound. However, it is still uncertain whether it can break through the upper resistance, and if it encounters resistance, it could increase the downward momentum to the 1.23500 line.
If there are movements contrary to expectations, we will quickly adjust our strategy.