GBPUSD Technical Analysis - The bearish bias is still intact ...Middle East

GBPUSD Fundamental Analysis USThe Fed left interest rates unchanged as expected at the last meeting.The macroeconomic projections were revised higher, and the Dot Plot showed that the FOMC still expects another rate hike by the end of the year with less rate cuts projected in 2024.Fed Chair Powell reaffirmed their data dependency but added that they will proceed carefully. The US Core PCE last week came in line with expectations, so the market’s pricing barely changed. The labour market remains pretty resilient but we are starting to see some weakness as Continuing Claims missed expectations once again last week pointing to an upward trend. The US Retail Sales recently beat expectations by a

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GBPUSD Technical Analysis - The bearish bias is still intact ...Middle East

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