GBP/USD Extends Through 1.35467 as Tape Firms

Research preview

Risk And Invalidation Risk remains level-led. The invalidation level matters more than the headline bias; reduce size around data releases and avoid treating the first reaction as confirmation without a retest. GBP/USD News And Catalyst Brief The day's headlines lean into one main market question around inflation and dollar direction. GBP/USD is not getting a clean directional push from the headlines; the bias is neutral-to-range until the next candle confirms acceptance above resistance or below support. That makes the technical map more important, not less important, because price still has to confirm the macro story. New zealand ppi input (q/q) q2: 2.9% (prev 1.4%) – ppi output (q/q): 1.6% (prev...