GBP/USD Over 1.35266 with Confirmation Needed
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GBP/USD News And Catalyst Brief The news tape is giving a clearer macro cue around central-bank policy, inflation, commodity demand, and dollar direction. GBP/USD has a mildly constructive news bias because the feed is leaning toward softer dollar expectations or firmer European currency demand, with inflation data, central-bank expectations, and commodity pressure driving the repricing. The next test is whether candles and pivots accept that story or fade it after the first reaction. Effective fed funds rate 3.63% august 7 vs 3.63% august 6. Hormuz shipping traffic weakens further traffic through the strait of hormuz deteriorated over the weekend despite signs that iran and oman are nearing a navigation agreement,...
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