GBP/USD Forecast: Edging Higher as Focus Shifts to UK GDP

Traders are awaiting next week’s US inflation data. Fed Chair Jerome Powell refrained from materially hardening his tone on inflation. Investors are awaiting economic growth data from the UK. Today’s GBP/USD forecast is slightly bullish. Sterling made small gains against the dollar on Thursday as investors continued digesting Powell’s speech. Fed Chair Jerome Powell refrained … Continued The post GBP/USD Forecast: Edging Higher as Focus Shifts to UK GDP appeared first on Forex Crunch.

GBP/USD Forecast: Edging Higher as Focus Shifts to UK GDP

Traders are awaiting next week’s US inflation data. Fed Chair Jerome Powell refrained from materially hardening his tone on inflation. Investors are awaiting economic growth data from the UK. Today’s GBP/USD forecast is slightly bullish. Sterling made small gains against the dollar on Thursday as investors continued digesting Powell’s speech. Fed Chair Jerome Powell refrained … Continued

The post GBP/USD Forecast: Edging Higher as Focus Shifts to UK GDP appeared first on Forex Crunch.