UK food inflation rose to 5.2% adding £275 to annual grocery bills
Rising Grocery Prices: UK grocery inflation has increased to 5.2%, leading to an additional £275 in annual costs for households, prompting families to switch to cheaper store-brand products and simpler meals.
Impact of Tariffs and Trade Deals: The potential imposition of a 30% tariff on EU goods by the US could incentivize EU companies to relocate or expand in the UK, which has also secured trade deals that reduce tariffs and ease export tensions post-Brexit.
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Technical Analysis for TRUMP
Technical Sentiment Analysis for OFFICIAL TRUMP (TRUMP) As of , OFFICIAL TRUMP (TRUMP) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 5 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TRUMP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, TRUMP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
OFFICIAL TRUMP (TRUMP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.547 | 2.284 | 3.047 | 3.783 | 4.547 | 5.283 | 6.047 |
| Fibonacci | 2.284 | 2.857 | 3.21 | 3.783 | 4.356 | 4.71 | 5.283 |
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