GBP #USD Worried Fed decision weighs on investors sentiment
http://ntvforex.com/news/?id=7e56c6. . 07 40 GMT . By NTVForex Team . . . #GBP #USD is on the back foot as the Federal Reserve s dovish decision triggered a false break above 1.30 as expected and the downfall is sending the cable below the uptrend channel. Overall, there is more room to the downside than to the upside for the pair as US GDP and jobless claims are set to favour the safe haven dollar, according to NTVForex s analyst Yohay Elam. . Key quotes . The Fed left its policy unchanged but painted a gloomier picture of the economy. Chairman Jerome Powell said that high frequency data is softer since coronavirus cases increased from mid June. Powell stressed that the Fed has lending powers but spending ones adding on pressure f…

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