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Gold remains delicately poised as Silver breakout hints at further upside. Oil on the other hand will be driven by the postponed OPEC+ meeting. Will OPEC+ announce further cuts?
Pound prices stay elevated after UK public sector borrowing beat expectations but highlighted the persistent debt crisis. FOMC minutes next up for GBP/USD.
GBP prices rallied despite a fall in employment change as unemployment and average earnings stole the show. Pound remains bid.
GBP prices are marginally higher this Monday morning but traders remain cautious ahead of UK and US inflation data. BoE and Fed officials in focus today.
GBP prices depreciated marginally against the USD after UK GDP highlighted the tough environment facing the UK economy.