GBPUSD Technical Analysis

Fundamental Overview The USD recovered most of the losses triggered by Powell’s dovish tilt at the Jackson Hole Symposium before giving the gains back yesterday. Traders are now focused on the US labour market data due next week that will culminate with a crucial NFP report on Friday. In fact, the data will influence interest … Read more

Fundamental Overview The USD came under some renewed pressure following the US CPI report. The data was mostly in line with forecasts and not strong enough to deter the market from expecting a cut in September. In fact, the pricing actually increased to 60 bps of easing by year-end compared to 57 bps before the … Read more