Home Analysis GBP/USD Presses Into 1.32804 as Pressure Builds

GBP/USD Presses Into 1.32804 as Pressure Builds

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GBP/USD Presses Into 1.32804 as Pressure Builds

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GBP/USD News And Catalyst Brief The headline set is not neutral around inflation and central-bank policy. GBP/USD is not getting a clean directional push from the headlines; the bias is neutral-to-range until the next candle confirms acceptance above resistance or below support. That makes the technical map more important, not less important, because price still has to confirm the macro story. Fed decision: what to watch the fed is expected to keep rates at 3.5%-3.75%, but markets still see a roughly one-in-three chance of a surprise hike. the focus is on chair kevin warsh's message as higher oil prices fuel inflation concerns despite softer june cpi. morgan stanley ex. Markets...

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