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GBP/USD Outlook: US Court Blocks Tariffs, Eyes on US GDP, PCE

by Forex Crunch
May 29, 2025
in Forex Analysis
Reading Time: 1 min read

The GBP/USD outlook falters as dollar recovers after court ruling. Fed maintained cautious tone amid trade uncertainty and inflation risks. UK food inflation ticks up, decreasing odds of BoE rate cut. The GBP/USD outlook tumbles as the pair hit fresh lows around 1.3414 on Thursday, retreating from multi-month top marked at 1.3592 on Monday. The…
The post GBP/USD Outlook: US Court Blocks Tariffs, Eyes on US GDP, PCE appeared first on Forex Crunch.
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