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All eyes are on Powell's testimony to Congress on Tuesday and Wednesday, followed by the February jobs report due on Friday. Currently, gold is in a wait-and-see mode

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GBPJPY SELL NOW SL-20 PIPS

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Key Events This Week: 1. Fed Chair Powell speaks on Tuesday/Wednesday 2. JOLTs job data on Wednesday 3. Fed Beige Book on Wednesday 4. Fed’s Barr speaks on Thursday 5. February jobs report on Friday 6. Final week of Q4 earnings This is the 1st time Powell speaks since: 🔹 Dec/Nov CPI revised higher 🔹 Jan CPI/PPI above expectations 🔹 PCE inflation rising again 3 weeks ago, Powell said he would “certainly” raise rates more if data came in stronger.