GBPUSD Technical Analysis - Is this a breakout or a fakeout? ...Middle East

USThe Fed left interest rates unchanged as expected with basically no change to the statement.Fed Chair Powell stressed once again that they are proceeding carefully as the full effects of policy tightening have yet to be felt.The US Core PCE last week came in line with expectations. The labour market remains pretty resilient but we are starting to see some weakness as Continuing Claims missed expectations once again last week pointing to an upward trend. The US Employment Cost Index showed that wage growth picked up in Q3.The US Consumer Confidence fell for the third consecutive month although the data beat expectations.The US ISM Manufacturing PMI yesterday missed by a big margin.The marke

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GBPUSD Technical Analysis - Is this a breakout or a fakeout? ...Middle East

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