GBP/USD Forecast: UK Inflation Pressure Subsides, Dollar Up

<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" 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>Prices at British store chains increased at the slowest rate in a year and a half. Food price inflation in Britain fell to 6.7%. There was a sharp decline in Britain’s output and employment in December. On Wednesday, the GBP/USD forecast leans towards a bearish outlook, propelled by the dollar’s resurgence and promising indications of…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/01/03/gbp-usd-forecast-uk-inflation-pressure-subsides-dollar-up/">GBP/USD Forecast: UK Inflation Pressure Subsides, Dollar Up</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>