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About: pumarketings

Recent Posts by pumarketings

GBP Firms Ahead of UK Jobs Data; Risks Skewed to Downside

Key Takeaways: *GBP has rebounded as traders await UK labor market figures, with unemployment expected to remain at 4.7%. *The jobless rate climbed from 4.0% in October 2024, while Q2 GDP growth slowed to 0.1%, leaving sterling vulnerable to stronger peers. *A weaker jobs print could reignite selling pressure, while a surprise drop in unemploymentContinue Reading

Chart the Market (11/08/2025)

BTC, H4:  Bitcoin (BTCUSD) has broken out strongly on the chart, surging to $121,805 which is piercing above the 0.382 Fibonacci retracement level at $121,678 and heading toward the 0.5 retracement at $124,400. This marks a decisive bullish move after a prolonged consolidation phase between roughly $118,305 and $115,100, with price breaking a descending resistanceContinue Reading

Hawkish Cut Underscores Inflation Resolve, Trade Risks Linger

Key Takeaways: *BoE’s hawkish 25bps cut and split vote signal policy caution, keeping Sterling supported despite slowing wage growth and rising unemployment. *Sticky services inflation and a revised 4% September CPI forecast reduce odds of aggressive easing, anchoring GBP above 1.34. *While UK fiscal risks and Trump’s tariff threats loom, markets view the BoE asContinue Reading

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