The Bank of England is prepared to hike interest rates for the tenth consecutive time. The BoE may also hint at when the rapid rise in borrowing costs may end. The Fed reduced the tempo of rate rises with a quarter-point hike. Today’s GBP/USD outlook is bullish. The Federal Reserve announced on Wednesday that it … Continued
The post GBP/USD Outlook: BoE to Hike Rates for Tenth Consecutive Time appeared first on Forex Crunch.
Read Full Story
Latest posts by Forex Crunch (see all)
- EUR/USD Price Analysis: Euro Finds Respite on Better PMI - April 23, 2024
- Gold Price Looking for a Deeper Correction Below $2,300 - April 23, 2024
- USD/JPY Outlook: Intervention Warnings Mildly Lift Yen - April 23, 2024