The pound is on track for a gain of almost 3% in March. UK food inflation in March reached a new peak of 17.5%. Traders expect UK rates to peak at 4.5% by September. Today’s GBP/USD price analysis is bullish. Thursday saw a 0.58 percent increase in the pound’s value against the dollar as headline … Continued
The post GBP/USD Price Analysis: Soaring at Back of Strong Inflation appeared first on Forex Crunch.
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