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club Felene

GBP/USD Forecast: BoE’s Slightly Hawkish Tone Lifts Pound

by Forex Crunch
December 4, 2024
in Forex Analysis
Reading Time: 1 min read

The Bank of England will likely stick to a gradual pace for rate cuts next year. US job vacancies rose more than expected. Markets are pricing a 75% chance of a Fed cut in December. The GBP/USD forecast indicates a strong pound after slightly hawkish Bank of England remarks. Meanwhile, the dollar gained after upbeat…
The post GBP/USD Forecast: BoE’s Slightly Hawkish Tone Lifts Pound appeared first on Forex Crunch.
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