GBP/USD Price Analysis: Fed’s 50-bps Rate Cut Bets Surge

The greenback was on the back foot as traders positioned themselves ahead of the FOMC policy meeting. Economists predict a 0.2% decline in US retail sales. Forecasts show that UK consumer inflation might hold at 2.2%. The GBP/USD price analysis indicates continued strength as the pound climbs to new highs while the dollar falls due…
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GBP/USD Price Analysis: Fed’s 50-bps Rate Cut Bets Surge

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