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GBPUSD Technical Analysis - Bullish signs are emerging

US:The Fed hiked by 25 bps as expected and kept everything unchanged.Fed Chair Powell reaffirmed their data dependency and kept all the options on the table.The US economic data keeps on surprising to the upside, but inflation expectations and CPI readings continue to show disinflation with the last two Core CPI M/M figures coming in at 0.16%. At the moment, the market doesn’t expect another hike from the Fed, but the next NFP and CPI data will be crucial to confirm or change this view. UK:The B... Read More

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Content Topics

Gbpusd

Technical

Analysis

Bullish

Signs

Emerging

Forex

Posted: Aug 22 2023, 06:15

Author Name: forexlive

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