GBP/USD Forecast: Pound Declines After BoE’s Dovish Comments
BOE’s Bailey stated there was no guarantee that rates would rise again. The pound has risen this week after Britain and the EU reached an agreement on Ireland. British factory activity shrank last month at its weakest rate since July. Today’s GBP/USD forecast is bearish. The pound lost ground against the dollar, erasing gains achieved … Continued The post GBP/USD Forecast: Pound Declines After BoE’s Dovish Comments appeared first on Forex Crunch.
BOE’s Bailey stated there was no guarantee that rates would rise again. The pound has risen this week after Britain and the EU reached an agreement on Ireland. British factory activity shrank last month at its weakest rate since July. Today’s GBP/USD forecast is bearish. The pound lost ground against the dollar, erasing gains achieved … Continued
The post GBP/USD Forecast: Pound Declines After BoE’s Dovish Comments appeared first on Forex Crunch.
