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GBP/USD Weekly Forecast: Strong US Jobs Weighing on Sterling

GBP/USD Weekly Forecast: Strong US Jobs Weighing on Sterling
The dollar was generally weaker as investors awaited the US nonfarm payrolls report. An increase in nonfarm payrolls pointed to a still robust labor market. The US unemployment rate rose, indicating some softness in the labor market. The GBP/USD weekly forecast carries a mild bearish bias, primarily due to the enduring strength of the US... The post GBP/USD Weekly Forecast: Strong US Jobs Weighing on Sterling appeared first on Forex Crunch... Read More
Posted: Oct 8 2023, 09:14
Author Name: forexcrunch
Views: 102154

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