Post CPI / Pre PPI

The CPI release aligned with our analysis, favoring our projected market direction. However, the targets for EUR sell-side below 1.17000 and GBP sell-side below 1.25000 have not been fully met. Yesterday's trading day exhibited considerable range, indicating a potentially slower session in London. Anticipating a continuation to the sell side for PPI and the Monetary Policy Statement for EUR.

Once the targets are reached, we'll need to reassess the market for potential retracements, consolidations, or reversals.

Happy trading!