Technical Analysis Post

GBPUSD Retracement 15.11.2023

| 15 November, 2023 at 11:37 GMT

GBPUSD Retracement 15.11.2023 by BDSwiss_Academy on TradingView.com

The GBP depreciated today after the CPI data release which was lower than expected.
The Inflation rate has been lowered significantly.

The retracement is more probable since the dollar tries to regain strength and the GBP depreciates from the effect of the report.

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