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GBP/USD Weekly Forecast: Traders Dial Back on Jumbo Hike Bets
The Bank of England might not implement another significant rate hike next week. Investors remain confident in a stronger pound. The Bank of England will likely boost rates by a quarter-point to 5.25%. The GBP/USD weekly forecast is slightly bearish as investors have lowered expectations for a significant BOE rate hike. Ups and downs of … Continued The post GBP/USD Weekly Forecast: Traders Dial Back on Jumbo Hike Bets appeared first on Forex Crunch...
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Posted: Jul 29 2023, 13:25
Author Name: forexcrunch
Views: 080830