GBPUSD increased briefly then decreased

Aktualisiert
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?
Anmerkung
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.
Anmerkung
Early Tuesday, the UK Office for National Statistics will release wage inflation data for August.
Anmerkung
has reached the target resistance level followed by the nearest support level
Anmerkung
GBPUSD continues to plummet downhill
Trade ist aktiv
Anmerkung
+40 pip
Anmerkung
GBPUSD decreased deeply, continuing the selling position
Trade geschlossen: Ziel wurde erreicht
reached TP1
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