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GBP/USD Outlook: UK Housing Market Hit By Rising Interest Rates
The pound rose after bullish remarks from BoE policymakers. Would-be homebuyers in the UK were discouraged by the recent interest rate increases. Investors are awaiting UK GDP figures. Today’s GBP/USD outlook is bearish. The pound fell on Friday as investors digested data showing a deteriorating housing market. This came after a bullish session on Thursday … Continued The post GBP/USD Outlook: UK Housing Market Hit By Rising Interest Rates appeared first on Forex Crunch...
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Posted: Feb 10 2023, 07:45
Author Name: forexcrunch
Views: 082323