U.S. GDP data came in better than expected, bolstering slightly the dollar. However, larger and profitable market moves were missing with both EUR/USD and GBP/USD remaining in tight ranges.
Traders will keep an eye on the PCE deflator today at 13:30 UTC.
Let’s see if we can lock in some profits today. We wish everyone a beautiful weekend.
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Our trading ideas for today 27/1/23:
Long @ 1.0910
Short @ 1.0835
Long @ 1.2420
Short @ 1.2335
Long @ 15190
Short @ 15120
Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.
We wish you good trades!
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