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GBP/USD Forecast: Lacks Upside Momentum amidst Brexit Woes

Posted by: Forex Crunch in Forex Analysis May 16, 2022

GBP/USD remains under pressure amid Northern Ireland Protocol.  The firm US dollar continues to weigh on the Sterling while remaining at its 20-year top.  BoE policy meeting remains the key event for the pound today. During the London session, the GBP/USD forecast remains bearish amid the Brexit jitters that have recently centered on the Northern … Continued
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