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USD/JPY Faces Challenges as US Economic Data Weakens /
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2024-06-28 09:58:16

USD/JPY Faces Challenges as US Economic Data Weakens on Nostr: GBP/USD Outlook: No Respite as US PCE Looms =============== #a73498e0 ver:0.51 The ...

GBP/USD Outlook: No Respite as US PCE Looms
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#a73498e0 ver:0.51

The GBP/USD pair faces a bearish outlook as strong US jobs data dampens hopes of a rate cut by the Federal Reserve. The focus now shifts to the impact of the data on the pair and the potential implications for the Fed's monetary policy. Traders are also watching for UK rate cut expectations from the Bank of England. The technical outlook shows a bearish trend, with support at 1.2600 and resistance at 1.2700. #GBPUSD #FederalReserve #BankofEngland...

#newstr #Gbp/usd #UsJobsData #RateCutHopes #UsDollar #BondYields #FederalReserve #JobAdditions #UnemploymentRate #UkEmploymentData #GrossDomesticProduct #BankOfEngland #Ftse100 #UsEconomicData #InterestRate #UkGdp #Inflation #HeadAndShouldersPattern #PersonalConsumptionExpenditure #Pce #TechnicalAnalysis

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