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.
Read Full Story
- EUR/USD Outlook: Momentum Builds for More ECB Cuts in 2025 - January 23, 2025
- USD/JPY Forecast: Dollar Stalls as Traders Eye Key Central Banks - January 23, 2025
- GBP/USD Forecast: Policy Uncertainty Overshadows Dollar - January 22, 2025