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club Felene

GBP/USD Forecast: Pound Collapses as Trump Secures Victory

by Forex Crunch
November 6, 2024
in Forex Analysis
Reading Time: 1 min read

Voting reveals that Trump will be the next US president. Data on Friday revealed a poor performance in the US labor market. The Bank of England will likely cut rates by 25-bps on Thursday. The GBP/USD forecast turned to the downside after news outlets reported that Republican candidate Donald Trump won the election. Meanwhile, market…
The post GBP/USD Forecast: Pound Collapses as Trump Secures Victory appeared first on Forex Crunch.
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