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GBP/USD Weekly Forecast: Sterling Rises as Trump Trade Fades

by Forex Crunch
November 30, 2024
in Forex Analysis
Reading Time: 1 min read

The US economy expanded by 2.8% as expected. The US core PCE price index increased by 0.3%, in line with expectations. Optimism over Trump’s win and policy changes faded. The GBP/USD weekly forecast suggests a rebound in the pound as the fading Trum trade puts downward pressure on the greenback. Ups and downs of GBP/USD…
The post GBP/USD Weekly Forecast: Sterling Rises as Trump Trade Fades appeared first on Forex Crunch.
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