TAG: GBP/USD Technical Analysis
GBP/USD Stalls as Bulls and Bears Clash Ahead of Central Bank Meetings
The GBP/USD pair is currently experiencing a standoff between bulls and bears, with the pair clinging to support at the 1.2850 level. The upcoming Federal Reserve and Bank of England policy meetings are adding to market uncertainty, with the odds of a Bo...
2 months ago
FOMC Rate Decision – Potential Impact on EUR/USD, GBP/USD and the Dollar Index
The market anticipates a shift in the Fed’s stance, with three rate cuts now expected in 2024 due to softening economic data. A soft landing remains possible as the labor market cools and inflation shows signs of easing. Technical analysis suggests GBP/U...
2 months ago