Fundamental events today are forcing “cable” to now test a key Fibonacci support level, even while this FX pair had been ripe for a technical pullback.
This Week: GBPUSD consolidates ahead of US and UK CPI releases
Inflation is currently the most important data that will inform the Federal Reserve (Fed) and the Bank of England (BOE) about their respective interest rate adjustments.
Inflation is currently the most important data that will inform the Federal Reserve (Fed) and the Bank of England (BOE) about their respective interes...
Markets are waiting for Fed & BoE to shed light on their future respective policies. Big tech earnings and NFP data readings are also in sight....
FED US Dollar DXY EURUSD GBPUSD
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