Encouraging patience with interest rates until inflation declines markedly to 2% Economic growth is creating uncertainty about monetary policy Inflation remains high The employment sector remains strong Wage increases indicate an imbalance in the labor market Want to see the Fed balance sheet shrink
Comment
⋅
GBPUSD BUY 1.2460-1.2440
TP1: 1.2490 TP2: 1.2520
SL: 1.2400
Comment
⋅
GBP/USD is sliding to 1.2422 following UK labor data After the data on the UK labor market was released, GBP/USD jumped above 1.2446 and then dropped to 1.2422.