GBPUSD DAILY CHARTBritish Pound vs US DollarICMARKETS:GBPUSDShavyfxhubTHE GBPUSD EXCHANGE RATE CLOSE OF WEEKLY FOREX WINDOW IS 1.35308 ,the British pounds is the base currency and the united state dollar is the quote currency the head of the bank of England =Andrew Bailey serves as the current Governor of the Bank of England. He has led the bank since March 16, 2020, with his term extending to March 15, 2028. Bailey chairs the Monetary Policy Committee, overseeing key decisions like the Bank Rate. the British pounds on strong bullish pedestals on daily time frame. the following data to watch. GB10Y=4.391% THE BOE RATE=The Bank of England (BOE) base rate, also known as Bank Rate, is currently 3.75%. The current inflation rate is 3.3% in England and target rate is 2% mandate The next review is on April 30, 2026. The Monetary Policy Committee (MPC) decides the Bank Rate at the Bank of England. The MPC consists of nine members: the Governor, four Deputy Governors, the Chief Economist, and four external members appointed by the Chancellor. They meet eight times a year, roughly every six weeks, to assess economic data like inflation and decide on rate changes by majority vote (Governor breaks ties). The MPC targets 2% CPI inflation, adjusting Bank Rate to influence borrowing, spending, and price stability. Since 1997, it has independently set rates, separate from government control. UK CPI Inflation: Latest at 3.3%, expected to rise to 3-3.5% due to Middle East energy shocks. Wage Growth and Labor Market: Pay growth easing but monitored for persistence; upcoming jobs report (unemployment, vacancies) before April 30 could signal slack or tightness. GDP Figures: Recent slowdowns and preliminary data expected soon, influencing growth outlook. the current Energy disruptions from Middle East conflict are pushing short-term inflation higher, delaying cuts from 3.75%; MPC seeks sustained 2% target path. THE UNITED STATE DATA OUTLOOK. the head of feds =sir Jerome H. Powell is the current Chair of the Federal Reserve. Powell has led the Fed since February 5, 2018, with his second term running through May 2026; he chairs the Federal Open Market Committee (FOMC), which sets interest rates. the next nomination could be Kevin Warsh as successor based on the president trumps rhetoric's the Federal fund rate =The target range for the federal funds rate is currently 3.50% to 3.75%, the US10Y=4.306% THE interest rate differential=3.75%-(3.5-3.75%= slightly favor GBP LONG the bond yield differential=4.391%-4.306% SLIGHTLY FAVOUR GBP LONG market structure=break of supply roof on daily timeframe the retest assures of potential upswing if economic data stays positive in favour of BOE,otherwise change in the structure will flip the script from unfavorable economic outlook. Wed 4/29 1:00 p.m. CP - Commercial Paper 2:00 p.m. FOMC Meeting 2:30 p.m. FOMC Press Conference #GBPUSD #FOMC #US10Y #GB10Y