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club Felene

GBP/USD Outlook Weakens Amid UK GDP and Risk Sentiment

by Forex Crunch
November 18, 2024
in Forex Analysis
Reading Time: 1 min read

GBP/USD outlook is weak amid stronger dollar and weak UK economy. UK CPI and BoE commentary are important events to watch this week.  Technically, probability of an upside correction exists.  The GBP/USD outlook remains vulnerable as the week starts with the US dollar well bid against the risk assets. Though the British pound attempted to…
The post GBP/USD Outlook Weakens Amid UK GDP and Risk Sentiment appeared first on Forex Crunch.
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