The UK labor market showed resilience, with jobless claims plunging. US data showed higher-than-expected consumer and producer prices. Experts believe the US central bank will cut rates by 25 bps. The GBP/USD weekly forecast supports a bullish trend as the FOMC meeting could lead to further weakness for the greenback. Ups and downs of GBP/USD…
The post GBP/USD Weekly Forecast: FOMC May Spell Trouble for the Dollar appeared first on Forex Crunch.
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