GBP/USD Price Analysis: Soaring at Back of Strong Inflation

The pound is on track for a gain of almost 3% in March. UK food inflation in March reached a new peak of 17.5%.  Traders expect UK rates to peak at 4.5% by September. Today’s GBP/USD price analysis is bullish. Thursday saw a 0.58 percent increase in the pound’s value against the dollar as headline … Continued The post GBP/USD Price Analysis: Soaring at Back of Strong Inflation appeared first on Forex Crunch.

GBP/USD Price Analysis: Soaring at Back of Strong Inflation

The pound is on track for a gain of almost 3% in March. UK food inflation in March reached a new peak of 17.5%.  Traders expect UK rates to peak at 4.5% by September. Today’s GBP/USD price analysis is bullish. Thursday saw a 0.58 percent increase in the pound’s value against the dollar as headline … Continued

The post GBP/USD Price Analysis: Soaring at Back of Strong Inflation appeared first on Forex Crunch.