USD/JPY Faces Challenges as US Economic Data Weakens on Nostr: GBP/USD weakens below 1.2800 as Fed pencils just one rate cut this year ...

GBP/USD weakens below 1.2800 as Fed pencils just one rate cut this year
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#a73498e0 ver:0.47

The GBP/USD pair weakened below 1.2800 as the Fed plans for just one rate cut this year, despite strong US jobs data. The rise in the dollar and UK bond yields dampened hopes of a rate cut. Traders now focus on the impact of the strong US jobs data on the GBP/USD pair and potential implications for the Fed's monetary policy. #GBPUSD #Fed #ratecut #USDjobsdata...

#newstr #Gbp/usd #FederalReserve #InterestRate #UsEconomicData #BankOfEngland #UkGdp

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