FOMC Chairman Powell testimony: Probability of recession not elevated at the moment

While testifying before the US House Budget Committee, Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, said that there i
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GBP/USD Technical Analysis: Cable spikes and approaches weekly highs near 1.2890 level

The pound is currently correcting the October’s rally in the 1.2800-1.3000 price zone. GBP/USD, in last month, reached levels not seen since mid-May 2019.
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