Disliked{quote} The green CPI data actually indicates that inflation is still a problem in the UK so more interest rate hikes on the horizon. With recession fears on the horizon from the interest rate hikes to date, not sure if the UK will want to go through with more hikes. I don't believe that price reflects the 'data' in this case, it is another move that simply reflects where MM's want price to go.Ignored
MM are really good at seducing and teasing. 1.22200 had been retested so many times, they just don't let go price down to 1.20.
I still hold SHORT from 1.22941 (profit hedge at 1.217) , will close if it reaches 1.22800.
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