GBP/USD | Up or Down? (READ THE CAPTION)

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In the hourly chart of GBPUSD, we can see that GBP surged in in price after the CPI news, however, it failed to go through the supply zone and sweep the liquidity above there. GBPUSD hit 1.34466 after the CPI news, but dropped all the way to 1.33632, just below the high of the supply zone and it is now being traded at 1.33790.
There's a FVG at 1.34055-1.34097 which could cause a reaction.
We shall monitor the market closely to see how GBPUSD reacts.

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