GBP/USD hags near YTD low, remains vulnerable below 200 DMA amid bullish USD – by hareshmenghani GBPUSD Fed Bonds Resources Currencies
et earlier this Wednesday. The pair trades around the 1.1825 region during the first half of the European session and remains vulnerable below a technically significant 200-day Simple Moving Average .
In fact, the markets are now pricing in a greater chance of a jumbo 50 bps lift-off at the March FOMC policy meeting. The bets were lifted by Fed Chair Jerome Powell's remarks on Tuesday, indicating that interest
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