Page 8 - Sentiment Data News Today

GBP/USD extends its recent upside now hitting new 2023 highs but with NFP around the corner, will we see a continuation or pullback?

GBP/USD is relatively muted against its more macro influenced counterparts this week as the pair prepares for the Fed tomorrow. Pound continues to hover around 1.25.

The S&P 500 index and NDX are showing sings of fatigue ahead of this weeks tech earnings and US economic data.

GBP/USD patiently awaits upcoming US economic data this week after markets ramped up their bets on BoE rate hikes this year.

GBP/USD remained quietly cautious after elevated inflation data ‘hawkishly’ re-priced the BoE’s interest rate path.

GBP/USD is bid this morning after UK labor data showed faster wage growth that brought into consideration another rate hike from the BoE in May.

GBP/USD price outlook is in for a volatile afternoon today with key US economic data and the BOE’s Governor Bailey scheduled to speak.

GBP/USD is at the mercy of US economic data carrying over from yesterday testimony by Fed Chair Jerome Powell.

GBP/USD is preparing for some price volatility next week including UK GDP, Fed Chair Jerome Powell and US NFP data

The S&P 500 index is trading at a critical juncture that could send prices in either direction as US Treasury yields push the limits.