GBP/USD Trades in Narrow Range Amid Lack of Data
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#15296a3b ver:0.58

GBP/USD trades in narrow range amid lack of data, with GBP struggling to gain momentum due to absence of UK data. BoE's decision to postpone appearances leads to reassessment of rate cut expectations, supporting Pound. USD lacks direction but hawkish comments from Kashkari bolster it. US core PCE price index on Friday may reinforce possibility of Fed rate hike, strengthening USD. Pound likely to trade in line with risk appetite, positive sentiment may support GBP, while shift to safer assets could pressure it. #GBPUSD #BoE #USD #inflation #Fed...

#newstr #Gbp/usd #PoundSterling #UsDollar #MarketMood #JoblessClaims #GdpRevision #Bea #MonetaryPolicy #TradeBalance 

 https://here.news/story/15296a3b?ver=0.58