GBP/USD: 1.3600 is still a reachable target for the cable GBPUSD
Dollar could capitalize on hot inflation data and force GBP/USD to turn south
“The US Bureau of Economic Analysis will release the CPI data for January. In case this report suggests that inflation in the US continued to heat up at the beginning of the year, market participants could price in an aggressive rate hike in March and help the dollar outperform its rivals. On the flip side, the greenback is likely to come under renewed selling pressure in case the CPI readings fall short of estimates.”“In case the pair reverses its course on strong CPI figures, 1.
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