Initial jobless claims in the US fell, pointing to a still-tight labor market. The SVB Financial Group will seek Chapter 11 bankruptcy protection. The banking crisis has clouded monetary policies in the US and the UK. The GBP/USD weekly forecast is slightly bearish as banking sector worries might continue in the coming week, boosting the … Continued
The post GBP/USD Weekly Forecast: Deep Banking Crisis to Halt Gains appeared first on Forex Crunch.
Read Full Story
Latest posts by Forex Crunch (see all)
- USD/CAD Outlook: Bears Dominate as Risk Sentiment Improves - March 27, 2023
- GBP/USD Forecast: Bailey Claims Inflation to Decline in 2023 - March 27, 2023
- EUR/USD Weekly Forecast: ECB Defends Hikes Despite Instability - March 26, 2023
