GBPUSD increased briefly then decreased

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Hello dear friends,

GU has broken out of the downward channel with a breakthrough at 1.2260. It is currently trading at 1.2198, undergoing the second phase of short-term recovery. My next long-term target is at 1.2111, followed by 1.2036.

What are your thoughts?
Ghi chú
The University of Michigan's consumer sentiment survey, which showed a significant increase in the one-year inflation expectations component, added a boost to the US Dollar (USD). After this report, the probability of the Federal Reserve (Fed) raising policy rates again in December fell to 67% from nearly 75% earlier this week.
Ghi chú
Early Tuesday, the UK Office for National Statistics will release wage inflation data for August.
Ghi chú
has reached the target resistance level followed by the nearest support level
Ghi chú
GBPUSD continues to plummet downhill
Giao dịch đang hoạt động
Ghi chú
+40 pip
Ghi chú
GBPUSD decreased deeply, continuing the selling position
Đóng lệnh: đạt mục tiêu
reached TP1
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