GBPUSD Analysis – Trade Ideas 23rd May Global FX markets remain driven by three dominant narratives: (i) mounting US-fiscal concerns after the House-passed “One Big Beautiful Bill” and Moody’s downgrade, (ii) divergent monetary-policy paths between a data-dependent Fed, a cautiously-dovish ECB and a steadily more hawkish Bank of Japan, and (iii) shifting risk-sentiment as traders...
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