Retail sales in the US and the UK came in above expectations. UK inflation eased more than expected to reach 1.7%. The greenback firmed as markets increasingly bet on a Trump win in November. The GBP/USD weekly forecast shows a neutral bias as the US and UK economies show resilience. The price manages to close…
The post GBP/USD Weekly Forecast: UK Economy Shows Resilience appeared first on Forex Crunch.
Read Full Story
- USD/CAD Weekly Forecast: Down GDP Urges for June Rate Cut - May 3, 2025
- GBP/USD Weekly Forecast: Strong NFP Justifies Cautious Fed - May 3, 2025
- USD/JPY Outlook: Yen Slides as BoJ Cuts Growth Outlook - May 2, 2025