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GBP/USD Weekly Forecast: BoE Challenged by Rising Inflation

GBP/USD Weekly Forecast: BoE Challenged by Rising Inflation
The US issued PPI data that provided additional evidence that inflation had peaked. British inflation reached a 41-year high due to rising food and household energy costs. Jeremy Hunt unveiled tax increases and spending reductions to try and fix Britain’s finances. The GBP/USD weekly forecast is bullish as the Bank of England is bound to … Continued The post GBP/USD Weekly Forecast: BoE Challenged by Rising Inflation appeared first on Forex Crunch... Read More
Posted: Nov 19 2022, 17:03
Author Name: forexcrunch
Views: 110167

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