Pound has its own way. Forecast as of 14.12.2023

The Fed has rattled financial markets with its talk of cutting the federal funds rate. Will the Bank of England do the same? Let us discuss the Forex outlook and make up a GBPUSD trading plan.

Monthly Pound fundamental forecast

If the Fed decided to meet the financial market’s expectations, why shouldn't the Bank of England do the same? In the run-up to its December meeting, there was a lot of talk that Andrew Bailey and his colleagues were dissatisfied with investors’ expectations of a 75-100-basis-point reduction in the Bank rate in 2024 and were ready to fight back. However,… Read full author’s opinion and review in blog of #LiteFinance