Britain’s persistently high inflation rate experienced a smaller decline than anticipated. The BOE will likely raise interest rates from 4.50% to 4.75% in June. Rating agency Fitch placed the United States “AAA” debt ratings on negative watch. Today’s GBP/USD outlook is slightly bullish as the pound rose against a steady dollar on prospects of more … Continued
The post GBP/USD Outlook: Pound Recovers Amid Potential BOE Hikes appeared first on Forex Crunch.
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