The GBP/USD weekly forecast shows escalating fears of a US recession. Downbeat US inflation figures increased expectations for Fed rate cuts. Data on Friday revealed an unexpected contraction in the UK economy. The GBP/USD weekly forecast is positive despite the paused rally, as escalating US recession fears weigh on the greenback. Ups and downs of…
The post GBP/USD Weekly Forecast: Recession Concerns Weigh on Dollar appeared first on Forex Crunch.
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