Negative macroeconomic statistics from the United States | 01 February 2023

01 February 2023, GBP/USD

Negative macroeconomic statistics from the United States

GBPUSD trading plan:

U.S. consumer confidence unexpectedly fell in January as households continued to worry about the economy's prospects over the next six months, a fresh survey showed. The Conference Board said its consumer confidence index slipped to 107.1 this month from 109.0 in December. The present situation index, based on consumers' assessment of current business and labor market conditions, increased to 150.9 from 147.4 last month. But the expectations index, based on consumers' short-term outlook for income, business, and labor market conditions, dropped to 77.8 from 83.4 in December.

Investment idea: buy 1.2302 and take profit 1.2388.

David Johnson
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus