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GBPUSD Technical Analysis - We are at a key resistance

US:The Fed left interest rates unchanged as expected at the last meeting.The macroeconomic projections were revised higher as the economy showed much stronger resilience than expected and the Dot Plot showed that the majority of members still expects another rate hike by the end of the year with less rate cuts in 2024.Fed Chair Powell reaffirmed their data dependency but added that they will proceed carefully. The latest US Core PCE came in line with expectations with disinflation continuing ste... Read More

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Content Topics

Gbpusd

Technical

Analysis

Resistance

Forex

Posted: Oct 12 2023, 09:43

Author Name: forexlive

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