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GBPUSD Technical Analysis - New lows expected

US:The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting.Fed Chair Powell reaffirmed their data dependency and kept all the options on the table.The US CPI yesterday came in line with expectations, so the market’s pricing remained roughly the same. The labour market displayed signs of softening although it remains fairly solid.Last week the ISM Services PMI and Jobless Claims surprised to the upside, which point to a resilient economy overall. Yesterday, we got y... Read More

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Content Topics

Gbpusd

Technical

Analysis

Lows

Expected

Forex

Posted: Sep 15 2023, 05:57

Author Name: forexlive

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