Weekly Forex Analysis July 10 – 14 – Bad News For USD: Inflation is Under Control in The US
<a href="https://the5ers.com/bad-news-for-usd/" title="Weekly Forex Analysis July 10 – 14 – Bad News For USD: Inflation is Under Control in The US" rel="nofollow"><img width="741" height="329" src="https://the5ers.com/wp-content/uploads/2023/07/FTRSaul-copy-7-100-1.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" decoding="async" style="display: block; margin: auto; margin-bottom: 10px;max-width: 100%;" link_thumbnail="1" loading="lazy" srcset="https://the5ers.com/wp-content/uploads/2023/07/FTRSaul-copy-7-100-1.jpg 741w, https://the5ers.com/wp-content/uploads/2023/07/FTRSaul-copy-7-100-1-300×133.jpg 300w, https://the5ers.com/wp-content/uploads/2023/07/FTRSaul-copy-7-100-1-600×266.jpg 600w" sizes="(max-width: 741px) 100vw, 741px" /></a><h2>GBPJPY is approaching a strong and old supply from years ago</h2>
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<p><strong>In today’s trading room, </strong>we established a new bearish bias for USD as inflation in the US is expected to come lower; thus, demand for USD will not increase.</p>
<p>We found selling opportunities in GBP/JPY and USD/CAD.</p>
<p>GBP/JPY setup is a divergence setup that can easily be seen on the Daily Chart, approaching a strong and old supply from years ago.</p>
<p><strong><img src="https://s.w.org/images/core/emoji/14.0.0/72×72/1f449.png" alt="
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