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GBPUSD Technical Analysis - Looking for a breakout

The most recent NFP report, released last Friday, once again outperformed expectations, extending its impressive winning streak to 14. However, upon closer analysis, the report revealed some less favourable details. The unemployment rate experienced a significant increase from 3.4% to 3.7%, marking the largest month-over-month jump since the pandemic began. Additionally, there was a slight decline in the average workweek hours, which could indicate potential layoffs being considered by employers... Read More

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Content Topics

Gbpusd

Technical

Analysis

Looking

Breakout

Forex

Posted: Jun 8 2023, 11:08

Author Name: forexlive

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