GBP/USD Price Analysis: Dollar Gains Before Critical US NFP Data

<div><img width="1024" height="746" src="https://www.forexcrunch.com/wp-content/uploads/2021/07/Screenshot_1-2-1024×746.png" class="type:primaryImage wp-post-image" alt="my GBP/USD forecast" style="margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://www.forexcrunch.com/wp-content/uploads/2021/07/Screenshot_1-2-1024×746.png 1024w, https://www.forexcrunch.com/wp-content/uploads/2021/07/Screenshot_1-2-300×219.png 300w, https://www.forexcrunch.com/wp-content/uploads/2021/07/Screenshot_1-2-150×109.png 150w, https://www.forexcrunch.com/wp-content/uploads/2021/07/Screenshot_1-2.png 1171w" sizes="(max-width: 1024px) 100vw, 1024px" /></div>
<p>Investors believe the BoE’s first rate cut may not occur until June.  The upcoming BoE meeting next week will likely result in no change for UK rates.  There was a moderate increase in Americans filing new claims for unemployment benefits. In Friday’s GBP/USD price analysis, a bearish tone prevails as the pound succumbs to a…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2023/12/08/gbp-usd-price-analysis-dollar-gains-before-critical-us-nfp-data/">GBP/USD Price Analysis: Dollar Gains Before Critical US NFP Data</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>