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XAUUSD BUY 2387 MORE BUY 2381 SL 2375 TP 2392 TP 2395 TP 2402 TP 2410

XAUUSD, 15-minute timeframe chart XAUUSD broke the support level of 2,412.40 👉 Level explanation XAUUSD has been trading in a bearish trend for the last couple of hours. 👉 Possible scenario The best way to use this opportunity is to place a Sell order at 2,407.66 Set your stop loss at 2,414.02 above the previous high ($6.36 loss for 0.01 lot) and take profit at 2,401.33 ($6.36 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. The upcoming news will not influence your orders within the mentioned period. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

EURUSD, 15-minute timeframe chart EURUSD broke the support level of 1.08465 👉 Level explanation EURUSD has been trading in a bearish trend for the last couple of hours. 👉 Possible scenario The best way to use this opportunity is to place a Sell order at 1.08460. Set your stop loss at 1.08610 above the previous high ($1.50 loss for 0.01 lot) and take profit at 1.08310 ($1.50 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. The upcoming news will not influence your orders within the mentioned period. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📈 GBPUSD jumps by 0.3% on today's CPI data The British pound (GBP) moved sideways on Tuesday as investors were awaiting the U.K. Consumer Price Index (CPI) report. 👉 Possible effects for traders Today's U.K. inflation report is arguably one of the key factors for the Bank of England (BOE) in deciding on its next monetary policy move. The next CPI report for May will be released just a day before the June meeting, so the central bank will take the April data into account. The BOE Governor, Andrew Bailey, stated that 'the next move on rates will be a cut' and added that he expects a decline in inflation in April. On the other hand, Federal Reserve (Fed) Governor Christopher Waller changed his hawkish rhetoric and stated he didn't believe further rate hikes would be necessary. He also added that the Fed needs to get convincing data before cutting interest rates any time soon. Additionally, Atlanta Fed President Raphael Bostic emphasised the need for a cautious approach towards monetary policy changes. He noted that he would 'rather wait longer for a rate cut to ensure inflation doesn't start to bounce around'. Fed officials stay cautious about the timing of interest rate cuts as hotter-than-expected inflation data weakens hopes of an easing cycle starting soon. Financial markets expect the first rate cut to happen in September at the earliest, with two 25-basis-point reductions before the end of the year, according to the CME FedWatch Tool. This might boost the U.S. dollar (USD) and limit the GBPUSD's upside in the near term. GBPUSD rose sharply after the release of higher-than-expected U.K. CPI figures. This surprise decreased the chance of the BOE cutting rates in June from 55% to 48%. GBPUSD jumped by 0.3% following the data release, reaching 1.27500. We will now likely see a pause and consolidation within a narrow range before the price continues to move further. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID    🇮🇳IN    🇵🇰PK    🇹🇭TH

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