GBP / USD weekly forecast: rate laurels go to US Federal Reserve

BOE leaves rates, asset purchases unchanged, warns of inflation. The Federal Reserve and President Powell have paved the way for bond reduction. US Treasury rates rose sharply after the FOMC meeting. GBP / USD drops below 1.3700 on Friday trading. FXStreet Forecast Poll Predicts Stronger Pound Sterling. The Bank of England and the Federal Reserve are on the same rate page in the central bank’s policy book, but the US institution appears to be a few paragraphs ahead. Read more…

Here’s why the GBP / USD could hit 1.32

The pound may have been shot in the arm after the Bank of England rates meeting in September. Still, the chart indicates that there is still a high risk of the GBPUSD falling in the coming weeks. Read more…

GBP / USD Forecast: Standing around 1.3700, bears cautious

Greenback trimmed losses as market optimism faded over poor performance of Chinese stocks. GBP / USD fell from a weekly high at 1.3750, currently trading around the 13,700 figure. The dollar is strengthening particularly against commodity-linked currencies, while European rivals appear to be doing better. with pessimistic mood. Currently, European indices are posting modest intraday losses, while US government bond yields hold gains at multi-month highs. Read more…

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