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Rising interest rates spell trouble for stocks

Chairman of the Federal Reserve, Whistleblower, The

Chairman of the Federal Reserve, Whistleblower, The
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GBP/USD Weekly Forecast: Will Powell give sterling the next shot in the arm? Stimulus, UK jobs eyed

Jan 22, 2021 16:59 GMTOpinions GBP/USD has been rising amid optimism from Biden and the UK’s progress on the virus. US stimulus, GDP, the Fed decision, UK labor figures and covid data promise an exciting week.   Late January’s daily chart is painting a bullish picture.  The FX Poll is pointing to lower levels on all timeframes. From Boris to Biden – GBP/USD has received a boost from Britain’s vaccination campaign and America’s potential stimulus. Can the uptrend continue? Economic indicators such as US GDP and UK employment compete with the Federal Reserve, stimulus progress and covid data. This week in GBP/USD: Biden boost

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