GBP/USD Price Analysis: Bulls Optimistic Above 1.2000

The number of Americans seeking new unemployment benefits unexpectedly decreased last week. BOE’s Catherine Mann argued that it was premature to halt rate hikes. The market is currently pricing a 95% chance of a 25 bps BOE rate hike in March. Today’s GBP/USD price analysis is bearish. The dollar held onto modest gains versus its … Continued The post GBP/USD Price Analysis: Bulls Optimistic Above 1.2000 appeared first on Forex Crunch.

GBP/USD Price Analysis: Bulls Optimistic Above 1.2000

The number of Americans seeking new unemployment benefits unexpectedly decreased last week. BOE’s Catherine Mann argued that it was premature to halt rate hikes. The market is currently pricing a 95% chance of a 25 bps BOE rate hike in March. Today’s GBP/USD price analysis is bearish. The dollar held onto modest gains versus its … Continued

The post GBP/USD Price Analysis: Bulls Optimistic Above 1.2000 appeared first on Forex Crunch.