GBPNZD briefly touched the 2.06757 support level but is now trading close to today's open (2.08440) following the Reserve Bank of New Zealand's interest rate decision and the subsequent release of UK CPI data.
Oil bulls are fighting to stay above 100-period SMA at $83/bbl.
Oil bulls have managed to climb above the 100-period SMA on the back of the softer US CPI reading earlier this week as well as the higher-than-expected draw from US crude inventories.
This Week: GBPUSD consolidates ahead of US and UK CPI releases
Inflation is currently the most important data that will inform the Federal Reserve (Fed) and the Bank of England (BOE) about their respective interest rate adjustments.
GBPNZD briefly touched the 2.06757 support level but is now trading close to today's open (2.08440) following the Reserve Bank of New Zealand's intere...
Oil bulls have managed to climb above the 100-period SMA on the back of the softer US CPI reading earlier this week as well as the higher-than-expecte...
Inflation is currently the most important data that will inform the Federal Reserve (Fed) and the Bank of England (BOE) about their respective interes...
Positive readings on UK CPI and employment figures could help GBPUSD retain position as the leading G10 currency....
British Pound
GBPUSD
CPI
Loading...
We value your privacy
We use cookies to give you the best-possible experience on our site and serve you personalised content. Click “Sounds good” to agree to our Cookie Policy.