GBP/USD bulls eye a higher high ahead of US Services – by fx_ross GBPUSD Currencies NFP Fed
economic reports
Last week’s PCE data, the Federal Reserve´s preferred inflation measure, were mixed. While headline and core both came in a tick lower than expected, super core accelerated for a second straight month to 4.63% YoY and is the highest since October. ´´This is not the direction that the Fed desires and so we look for the hawkish tilt in Fed comments to continue,´´ analysts at Brown Brothers Harriman explained.
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