While the dollar weakened moderately on Wednesday, GBP/USD gained positive momentum. With risk appetite prevailing and US bond yields declining, the safe-haven dollar is under pressure. As a result of the Fed’s hawkish expectations, the dollar’s decline should be contained and the pair’s upside limited. The forecast for the GBP/USD pair is a bit positive … Continued
The post GBP/USD Forecast: Bulls Paused at 1.3250 amid Lack of Follow-through appeared first on Forex Crunch.
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