Page 15 - Sentiment Data News Today

GBP/USD looks to recover from yesterday’s sell-off as markets await key U.S. jobs data later today and tomorrow.

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GBP/USD pushed higher this morning after solid UK employment numbers ahead of tomorrows UK inflation print.

GBP plagued by fundamental and geopolitical headwinds as next week’s inflation and jobs data draw closer.

GBP/USD has been under downside pressure as the Fed maintains its aggressive outlook. Attention on the Fed press conference will be key going into the BoE meet tomorrow.

GBP/USD looks to enter the Easter weekend in the red after a strong comeback on Wednesday. The pound is in for a quiet week next week with focus on the US.

GBP/USD price action shows traders flirting with the significant 1.30 level for a second time in 2022, while focus shifts to key US and UK economic data tomorrow.

UK GDP numbers helped maintain yesterdays sterling rally ahead of US Core PCE data, while GBP/USD now faces key resistance levels.

GBP/USD remains gripped by the recent downtrend but bulls remain hopeful that this week’s rally can propel the pair through stubborn resistance.

The pound has been rallying on the back of BoE rate hike expectations with a weaker USD supporting cable upside. Attention now shifts to BoE speeches next week.