US PPI
2 STORIESFORECASTS15D
GBP/USD Double Top Warning Builds as 1.3480 Becomes Key SupportGBP/USD has retreated from the 1.3550 region after buyers again failed to extend gains near the top of the range. The bearish case remains unconfirmed while 1.3480 holds, leaving traders focused on UK GDP and US PPI for the next catalyst.
FORECASTS45D
GBP/USD Turns Bearish Near 1.3500 as US CPI and Middle East Risk LoomGBP/USD has pulled back from near the top of its two month range, with technical traders watching whether the 1.3500 area continues to cap rebounds. US CPI today, US PPI tomorrow, and renewed USA and Iran tensions add a volatile backdrop for sterling dollar traders.