GBP/USD attempts a recovery near 1.2450 ahead of US debt-ceiling talks and UK Employment GBPUSD Fed BOE Inflation SEO
GBP/USD has attempted a recovery after building a cushion around 1.2450 as the USD Index has turned volatile.
GBP/USD is at a make or a break level below the Rising Channel pattern, therefore, sheer volatility is widely anticipatedUS Dollar Index The Pound Sterling is likely to remain active ahead of the United Kingdom’s Employment data, which is scheduled for Tuesday. Shortage of labor in the UK market has been a major reason behind its tight labor market conditions.After the postponement of Friday’s US debt-ceiling negotiations, US President Joe Biden and Republican House of Representatives Joseph McCarthy are set to meet again on Tuesday.
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