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GBP/USD Weekly Forecast: US Jobs Returns to Pre-Covid Level

Started by forex4you, Jan 09, 2023, 01:05 pm

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GBP/USD Weekly Forecast: US Jobs Returns to Pre-Covid Level

In December, the US unemployment rate returned to a pre-pandemic low of 3.5%. There was some weakness in the US labor market as wage growth slowed. Investors will pay attention to US inflation data next. The GBP/USD weekly forecast is bearish as the US labor market remains resilient, allowing the Fed to keep hiking interest … Continued


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