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GBPUSD Technical Analysis - The bearish bias remains intact

GBPUSD Technical Analysis - The bearish bias remains intact
US:The Fed left interest rates unchanged as expected at the last meeting.The macroeconomic projections were revised higher, and the Dot Plot showed that the FOMC still expects another rate hike by the end of the year with less rate cuts projected in 2024.Fed Chair Powell reaffirmed their data dependency but added that they will proceed carefully. The US CPI last week beat expectations on the headline figures, but the core measures came in line with forecasts and the market’s pricing barely chang... Read More
Posted: Oct 19 2023, 10:57
Author Name: forexlive
Views: 112140

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