US Debt Fears Keep GBP/USD Stalled at Resistance, Dow Faces Support
Growing concerns over U.S. debt levels are impacting the US dollar, creating pressure on major currencies. As a result, GBP/USD is facing resistance, holding its ground amidst these economic conditions. The rise in haven assets points to a potential shift in market dynamics, with global investors balancing risk. Amidst this volatility, indices grapple with critical support zones. Analysts emphasize that current market conditions are caught between bearish influences and bullish potential. The upcoming economic indicators could provide clearer directional cues as traders navigate a complex environment ahead.