GBPUSD Expected to recover, after a series of strong declines.

⚡️The US Dollar (USD) continues to gain strength from the ongoing series of positive economic data regarding the state of the US economy. The US Dollar Index (DXY), a gauge of the Greenback's performance against six other major currencies, is currently trading around 104.90, although below the highest recorded on Thursday since from April.

⚡️The US Federal Reserve (Fed) is willing to keep interest rates elevated for an extended period of time. Furthermore, there are expectations that the Fed will proceed with a 25 basis point (bps) rate hike in its November and December meetings. This hawkish stance is providing significant support for the dollar's strengthening. US Dollar (USD).

⚡️On the other hand, the belief that the Bank of England (BoE) is nearing the end of its policy tightening period could put downward pressure on the British Pound (GBP) and limit the upside potential of the GBP/USD pair.

⚡️Before the correction, I think this pair will go sideways

⚡️ Share your opinion with me, I'm looking forward to it.

코멘트:

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코멘트:

⚡️DXY's recovery pushed GBP down the past few days

코멘트:

⚡️The market becomes more active when the American session begins

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코멘트:

⚡️The US is facing the risk of second round inflation, leaving the Fed open to raising interest rates, putting further pressure on the exchange rate

코멘트:

⚡️Hello everyone, are you ready for an extended week of winning?

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코멘트:

⚡️GBP/USD started the new week on a positive note, despite the lack of optimism.
The USD's modest decline from multi-week highs is seen as supporting the major currency pair.

코멘트:

The price is going according to my plan, stay tuned
⚡️Follow me⚡️

코멘트:

⚡️The plan is right