US nonfarm payrolls increased by 517,000 last month. There is a 90% probability of a 25bps rate hike at the next Fed meeting. The BoE said that UK inflation may have “turned a corner.” Today’s GBP/USD outlook is bearish as the pound extends previous session losses. On Friday, the sterling lost ground against the dollar … Continued
The post GBP/USD Outlook: 3-Week Lows After Positive US Jobs Report appeared first on Forex Crunch.
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