Pound will disobey politicians. Forecast as of 19.04.2024

If the BoE started cutting rates ahead of the parliamentary elections in Great Britain, it would be accused of supporting the party in power. However, the central bank's independence allows it to think for itself. Let’s discuss that and make a trading plan for GBPUSD. Weekly fundamental forecast for pound sterling While the Fed has changed its mind for the second time in less than six months, the Bank of England says everything is going as planned. Jerome Powell believes monetary policy should remain restrictive for longer to win a victory over inflation. Conversely, Andrew Bailey is rubbing hands, saying... Read full author’s opinion and review in blog of #LiteFinance