The GBP/USD currency pair is holding steady near the 1.3160 level, currently trading at 1.3156. As traders assess the economic outlook in the United States, concerns linger over potential volatility in the forex market ahead of major economic indicators such as the Non-Farm Payrolls (NFP) and UK Consumer Price Index (CPI) data. These upcoming releases are likely to influence the exchange rate significantly.
In the broader context, US equity markets are facing downward pressure, particularly as market participants closely monitor NVIDIA's third-quarter earnings report. This uncertainty in the equities sector is contributing to a cautious sentiment among forex traders, impacting trading strategies for the Pound Sterling versus the US Dollar. The focus remains on how these economic indicators will shape market sentiment in the coming days.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2025-11-18 15:21
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.