GBP/USD Under Pressure as Sellers Emerge Below 1.2620 after Fed Waller's Comments

Wednesday, 27 March 2024, 23:33

GBP/USD pair faced selling pressure, dropping below 1.2620 following the hawkish remarks by Fed's Waller. The pair retreated from a daily high of 1.2640 during the early Asian session on Thursday, indicating investor cautiousness amidst Fed's stance.
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GBP/USD Under Pressure as Sellers Emerge Below 1.2620 after Fed Waller's Comments

GBP/USD Pair: A Snapshot

The GBP/USD pair faced selling pressure...

Fed Waller's Comments

Fed's Waller made hawkish remarks...

  • The GBP/USD pair retreated from a daily high of 1.2640
  • Investor cautiousness prevails amidst Fed's stance

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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