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GBP/USD Price Analysis: Long Losing Streak Ends Amid Risk-on

GBP/USD Price Analysis: Long Losing Streak Ends Amid Risk-on
A survey indicated a slower growth rate in Britain’s private sector in July. Speculators have established their most valuable bullish bet on sterling since 2014. Economists expect the US Federal Reserve to raise its benchmark overnight interest rate by 25bps. Today’s GBP/USD price analysis is slightly bullish. After a seven-session losing streak, the pound recorded … Continued The post GBP/USD Price Analysis: Long Losing Streak Ends Amid Risk-on appeared first on Forex Crunch... Read More
Posted: Jul 25 2023, 10:31
Author Name: forexcrunch
Views: 111053

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