Home Analysis GBP/USD Trend Watch At 1.34805

GBP/USD Trend Watch At 1.34805

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GBP/USD Trend Watch At 1.34805

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GBP/USD News And Catalyst Brief The news tape is giving a clearer macro cue around commodity demand, risk sentiment, inflation, 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 and commodity pressure driving the repricing. The next test is whether candles and pivots accept that story or fade it after the first reaction. Brent crude dropped more than 7% at the open after trump said he agreed to call off a massive attack on iran at the request of middle east allies including saudi arabia, with oil also weighed by another small...

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