December 6, 2024 – Written by Frank Davies
STORY LINK Pound Sterling Outlook: GBP/USD Braced for US Jobs Data
Pound sentiment is relatively cautious with doubts over the near-term economic outlook, but reservations elsewhere, including weaker than expected US data has protected the Pound.
Friday’s US jobs data is likely to be pivotal for near-term direction.
The Euro remains broadly on the defensive due to political and economic concerns while the dollar is also being hampered by seasonal factors.
The Pound to Dollar (GBP/USD)…
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