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GBP/USD Forecast: Room for correction if BOE signals pause in tightening cycle

by GBP Editor
March 23, 2023
in GBP
Reading Time: 1 min read

GBP/USD has built on Wednesday’s gains, advanced beyond 1.2300 early Thursday. Bank of England is forecast to raise its policy rate by 25 bps to 4.25%. USD struggles to find demand following Fed’s …

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  • GBP/JPY Price Analysis: Treads water around 173.20s, but keeps its bullish bias - May 31, 2023
  • GBP/USD stays firmer past 1.2400 on hopes of more BoE rate hikes, US employment in focus - May 31, 2023
  • EUR/GBP drops below 0.8600 after German data - May 31, 2023
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