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GBP/USD Price Analysis: BoE’s Ramsden Warns Spreading Inflation

The BoE will likely raise rates even more as inflation spreads. Investors on the sidelines are waiting on US inflation data. In the charts, the 30-SMA is offering strong resistance. The GBP/USD price analysis is bearish as investors ignore hawkish statements from the BoE. According to BoE Deputy Governor Dave Ramsden, the Bank of England … Continued
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