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GBP/USD Weekly Forecast: BoE’s Retreat Flipping the Pound

The dollar got a boost after the FOMC meeting. Data on initial jobless claims showed a drop, supporting the view of a still-tight US labor market. The UK registered a surprise drop in inflation, pushing the pound lower. The GBP/USD weekly forecast is bearish. The dollar is rising amid a hawkish Fed, while the BOE… […] The post GBP/USD Weekly Forecast: BoE’s Retreat Flipping the Pound appeared first on ForexTV... Read More
Posted: Sep 23 2023, 14:59
Author Name: forextv
Views: 102233

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