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GBP/USD Outlook: Risk-off Sentiment Pushing USD Demand

GBP/USD Outlook: Risk-off Sentiment Pushing USD Demand
Manufacturing output in the US experienced its worst decrease in nearly two years. There are concerns that the world’s largest economy is heading for a recession. British consumer price inflation dropped to a three-month low of 10.5%. Today’s GBP/USD outlook is slightly bearish. On Thursday, the dollar rose as demand for the safe-haven currency increased … Continued The post GBP/USD Outlook: Risk-off Sentiment Pushing USD Demand appeared first on Forex Crunch... Read More
Posted: Jan 19 2023, 08:10
Author Name: forexcrunch
Views: 111542

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