my GBP/USD forecast

Fed policymakers agreed that inflation was under control. US job openings and initial jobless claims fell. Private employment and nonfarm payrolls rose, strengthening the dollar. The GBP/USD weekly forecast is slightly bearish as the robust US labor market’s strength means a potential delay in the Fed’s rate-cut plans. Consequently, it challenges the earlier March anticipation….

The post GBP/USD Weekly Forecast: Strong NFP Pours Water on Rate Cuts appeared first on Forex Crunch.

Source: https://www.forexcrunch.com/blog/2024/01/06/gbp-usd-weekly-forecast-strong-nfp-pours-water-on-rate-cuts/