Pound found outsider. Forecast as of 16.11.2023

Will the Bank of England cut interest rates in 2024? Will the ECB or Fed start monetary easing earlier? The GBPUSD trend depends on the answers to these questions. Let us discuss the Forex outlook and make up a trading plan.

Monthly Pound fundamental forecast

Just as two years ago, investors were speculating which central bank would raise rates faster and higher, now they are trying to identify which one will lower them faster and lower. In Forex, instead of chasing the favorite, the game of “find the outsider” begins. So far, the derivatives market is forecasting the first easing… Read full author’s opinion and review in blog of #LiteFinance

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