U.K CPI Below Forecast In May, Sell GBPUSD On Rebound!

(Year-over-Year)  U.K consumer price inflation remained unchanged as previous month at 0.3% missing forecast of 0.4%…

Monthly CPI rose0.2%, from 0.1% in the previous month, missing forecast of 0.3% ….

This development leaves the GBPUSD under pressure , any rebound should be limited by the 1.4215/1.4326 levels, support comes at the 1.4119 levels, we might see hesitation, however; a cut through the 1.4119 levels will turn the focus on the 1.4025 levels…

GBPUSD Daily Forecast Jun 14 2016

0
Outlook in GBPUSD remains on the downside as long as 1.4326 resistance holds on a daily closing basis, support comes at the 1.4119 levels, a...

MARKET DATA

UPCOMING ECONOMIC EVENTS