About 9.5% of daily trades. Referred to as “Cable,” it’s volatile but widely traded due to the strength of the UK and U.S. economies
GBP/USD holds steady near 1.3500 as markets await the Federal Reserve’s policy decision and US jobs data. With mixed UK signals and rising US yields, traders remain cautious ahead of potential volatility. Key levels around 1.35 will set the tone for Sterling’s early 2024 outlook. #Forex #GBPUSD
GBP/USD holds steady around 1.35 as traders await key US events. The Fed’s policy signals and the upcoming jobs report are set to drive volatility, while sterling’s outlook depends on Bank of England hawkishness and UK economic data. Crucial week ahead for this major pair. #Forex #GBPUSD #Trading
GBP/USD remains balanced near 1.3500 as traders await key US jobs data and the Federal Reserve’s policy signals. With sterling supported by resilient UK data and cautious BoE guidance, and the dollar driven by Fed expectations, this week’s events could break the recent consolidation and define near-term direction. Stay tuned for potential volatility ahead. Credit: TradingNews.com
GBP/USD hovers near 1.35 as markets await key US jobs data and Federal Reserve signals. Sterling’s recent gains reflect UK economic resilience and a softer dollar, but the pair faces critical resistance ahead of potentially market-moving Fed commentary and payrolls report. Traders brace for volatility. #FX #GBPUSD
GBP/USD hovers around 1.35 as markets await the US Federal Reserve meeting and key UK/US jobs data. Central bank cues, inflation pressures, and labor market trends are set to drive volatility and shape direction in the days ahead. Traders remain cautious ahead of these pivotal economic events. #GBPUSD #Forex
GBP/USD hovers near the key 1.35 level as traders await critical Fed statements and US jobs data. With balanced technical support around 1.3450 and resistance near 1.3550, markets are poised for potential moves depending on central bank cues and economic releases.
GBP/USD hovers near the key 1.35 level as the market awaits critical US Fed signals and jobs data. Sterling faces pressure from a stronger dollar and cautious risk sentiment, with traders closely watching upcoming economic releases for direction.
GBP/USD steadies near 1.3500 as traders await Friday’s U.S. Non-Farm Payrolls report. Market focus remains on Fed’s policy path amid differing central bank approaches and ongoing geopolitical risks. Sterling’s short-term direction hinges on upcoming economic data and inflation trends. #Forex #GBPUSD
Kremlin signals openness to resolving tensions with the West, emphasizing security and equal terms. This diplomatic shift could ease volatility in forex markets, especially for RUB, USD, and EUR pairs. Traders should watch for potential shifts in risk sentiment and currency flows amid evolving geopolitics.
When dragons break ceilings and giants stumble, a new era in global capital flows emerges. China’s yuan rises steadily as Western powers face economic and geopolitical challenges. Investors and forex traders must adapt to this shifting landscape redefining the future of finance. #CapitalMigration #Forex
