USD/JPY Faces Challenges as US Economic Data Weakens on Nostr: GBP/USD Forecast: Pound Sterling Faces Resistance at 1.2700 Amid US Economic Data ...
GBP/USD Forecast: Pound Sterling Faces Resistance at 1.2700 Amid US Economic Data
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#a73498e0 ver:0.54
The GBP/USD pair faces resistance at 1.2700 as strong US jobs data dampens hopes of a rate cut by the Federal Reserve. Traders shift focus to the impact on the pair and potential implications for monetary policy. UK GDP growth revised upwards, but pound's gains may be pressured by US PCE price index data. GBP/USD trades rangebound between 1.23 and 1.2850, with breakout potential leading to a rise towards 1.3150. US election outcome and economic factors will influence the US dollar. #GBPUSD #FederalReserve #USjobs #UKGDP #PCEpriceindex...
#newstr #Gbp/usd #PoundSterling #Resistance #UsDollar #IsmManufacturingPmi #Inflation #Employment #PricesPaidIndex
https://here.news/story/a73498e0?ver=0.54
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#a73498e0 ver:0.54
The GBP/USD pair faces resistance at 1.2700 as strong US jobs data dampens hopes of a rate cut by the Federal Reserve. Traders shift focus to the impact on the pair and potential implications for monetary policy. UK GDP growth revised upwards, but pound's gains may be pressured by US PCE price index data. GBP/USD trades rangebound between 1.23 and 1.2850, with breakout potential leading to a rise towards 1.3150. US election outcome and economic factors will influence the US dollar. #GBPUSD #FederalReserve #USjobs #UKGDP #PCEpriceindex...
#newstr #Gbp/usd #PoundSterling #Resistance #UsDollar #IsmManufacturingPmi #Inflation #Employment #PricesPaidIndex
https://here.news/story/a73498e0?ver=0.54