The dollar recovered as investors sought safety amid rising Middle East tensions. Market participants are pricing a 59% chance of another 50-bps rate cut in November. Sterling has gained about 5.4% against the dollar this year. The GBP/USD forecast shows a sudden shift in sentiment to bearish as the dollar recovers from a 14-month low….
The post GBP/USD Forecast: Dollar Rebounds from 14-Month Low appeared first on Forex Crunch.
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