Euro Strengthens as Data Shows Signs of Economic Recovery in the EU on Nostr: GBP/USD Forecast: Pound Sterling remains fragile ahead of US data =============== ...
GBP/USD Forecast: Pound Sterling remains fragile ahead of US data
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#7aa5aba6 ver:0.8
GBP/USD remains fragile as it hovers below 1.2700 amid concerns about US consumer spending. Danske Bank predicts US economy cooling and expects Fed cuts, while ING sees potential turn in US economy. UK investors await inflation data and Bank of England's policy decision. GBP/USD struggles to rebound, with bearish bias intact. BoE likely to lower policy rate in August. COT data shows increase in long Sterling positions, making it difficult for Pound to secure buying support. #GBPUSD #USdata #inflation #BoE #COTdata...
#newstr #Gbp/usd #PoundSterling #UsData #BankOfEngland #RetailSales #S&pGlobalPmi
https://here.news/story/7aa5aba6?ver=0.8
===============
#7aa5aba6 ver:0.8
GBP/USD remains fragile as it hovers below 1.2700 amid concerns about US consumer spending. Danske Bank predicts US economy cooling and expects Fed cuts, while ING sees potential turn in US economy. UK investors await inflation data and Bank of England's policy decision. GBP/USD struggles to rebound, with bearish bias intact. BoE likely to lower policy rate in August. COT data shows increase in long Sterling positions, making it difficult for Pound to secure buying support. #GBPUSD #USdata #inflation #BoE #COTdata...
#newstr #Gbp/usd #PoundSterling #UsData #BankOfEngland #RetailSales #S&pGlobalPmi
https://here.news/story/7aa5aba6?ver=0.8