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GBPUSD - GBP/USD Forecast: Pound Sterling edges higher as markets doubt BoE pivot in June

22-05-2024 02:31

GBP/USD gathered bullish momentum and reached its strongest level since March 21 above 1.2750 in the early European session on Wednesday. Although the pair erased a large portion of its gains, it ...

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UK inflation proves to be stubborn as core CPI rises in April, GBP/USD rises

As currency pairs continue to be driven by rate differentials, the pushback in rate cut expectations has levelled the BoE to the Federal Reserve with regards to timing, which has allowed GBP/USD to ...

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GBP/USD Price Analysis: Above Forecast CPI Boosts Pound

The GBP/USD price analysis shows increased bullish momentum as the pound soars on a smaller-than-expected decline in inflation.

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EUR/USD, GBP/USD, DXY Forecast: DXY Steady at 104.64; FOMC Minutes to Drive Action

The GBP/USD saw significant movement following the UK’s CPI data, which reported an annual increase of 2.3%, higher than the expected 2.1%, but lower than the previous 3.2%. Core CPI also beat ...

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Wells Fargo: First BoE Rate Cut In August, GBP/USD Support At 1.25

Foreign exchange analysts at Wells Fargo expect that the Bank of England (BoE) will cut interest rates in August, ahead of the Federal Reserve which will see the Pound to Dollar (GBP/USD) exchange ...

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