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Traders end the week watching U.S. developments after the Fed’s latest rate move adds fresh uncertainty to the dollar’s outlook.
This week: UK inflation, Fed, BoC & BoE rate decisions, plus growth data from New Zealand and jobs figures from Australia. (154 characters)
With key economic releases from the UK and Canada on the horizon, market participants should prepare for increased volatility in GBP and CAD pairs.
GBPUSD continues to trade within a technically supportive environment, underpinned by favorable momentum indicators and medium-term bullish patterns.
This week, market participants are closely monitoring a series of high-impact economic events that could drive volatility across multiple asset classes.