Wednesday, June 12, 2024

GBP/USD Price Analysis: Investors on Edge Before US Inflation

Investors were cautious before the US inflation report and the FOMC policy meeting. Economists expect headline inflation to fall from 0.3% to 0.1% in May. GDP data on Wednesday revealed no growth in the UK in April. The GBP/USD price analysis shows little movement, reflecting investor caution ahead of the pivotal US inflation report. The...


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