USD/JPY Faces Challenges as US Economic Data Weakens on Nostr: GBP/USD Forecast: US Inflation Data and Political Stability Impact Currency Pair ...
GBP/USD Forecast: US Inflation Data and Political Stability Impact Currency Pair
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#a73498e0 ver:0.66
The GBP/USD pair is influenced by US inflation data, political stability, and rate cut expectations. The US dollar weakened due to disappointing economic data, while the UK general election introduced volatility. The pair faces resistance at 1.2800, and traders are monitoring election results. Technical analysis suggests holding above 1.2775 could support further upside. The pound rose last week on expectations of rate cuts from the Federal Reserve and Bank of England. US inflation data and Fed Chair Powell's testimony will be important for the pair's direction. #GBPUSD #inflation #ratecut...
#newstr #Gbp/usd #RateCutHopes #UsEconomicData #UkGeneralElection #UsJoblessClaims #IsmServicesSurvey #UsInterestRates #ForexTrading #ResistanceLevels #Inflation
https://here.news/story/a73498e0?ver=0.66
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#a73498e0 ver:0.66
The GBP/USD pair is influenced by US inflation data, political stability, and rate cut expectations. The US dollar weakened due to disappointing economic data, while the UK general election introduced volatility. The pair faces resistance at 1.2800, and traders are monitoring election results. Technical analysis suggests holding above 1.2775 could support further upside. The pound rose last week on expectations of rate cuts from the Federal Reserve and Bank of England. US inflation data and Fed Chair Powell's testimony will be important for the pair's direction. #GBPUSD #inflation #ratecut...
#newstr #Gbp/usd #RateCutHopes #UsEconomicData #UkGeneralElection #UsJoblessClaims #IsmServicesSurvey #UsInterestRates #ForexTrading #ResistanceLevels #Inflation
https://here.news/story/a73498e0?ver=0.66