GBPUSD Technical Analysis - Waiting for the breakout of the range ...Middle East

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GBPUSD Technical Analysis - Waiting for the breakout of the range
USDThe Fed left interest rates unchanged as expected at the last meeting 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 forecasts with the disinflationary progress continuing steady. The labour market is starting to show weakness as Continuing Claims are now rising at a fast pace and the recent NFP report missed across the board. The ISM Manufacturing PMI last week missed expectations falling further into contraction. The recent US Consumer Confidence report beat expectations although the details about the labour market

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