GBP/USD Forecast: Greenback’s Correction Helping Sterling

<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>Data on Friday revealed a significant drop in UK retail sales. Investors still believe the BoE will be slower to cut rates than the ECB and the Fed. Data released late last week indicated that US economic activity remains robust. The GBP/USD forecast hints at a modest bullish trend after a slight rise on Monday,…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/01/22/gbp-usd-forecast-greenbacks-correction-helping-sterling/">GBP/USD Forecast: Greenback&#8217;s Correction Helping Sterling</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>

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