Will the pound walk in the euro's shoes? Forecast as of 15.09.2023

The pound may strengthen just like the euro did on expectations of a rate hike to 4% ahead of the ECB's meeting. But we all remember what happened to the euro. Will the pound walk in these shoes, too? Let’s discuss it and make a trading plan for the GBPUSD.

Weekly fundamental forecast for pound sterling

The Bank of England's effort to cool the economy to reduce inflation turns out efficient, but the BoE doesn't seem happy. Great Britain plunges into stagflation, and the regulator has a hard choice: to continue raising the Repo rate and thus bring the economy… Read full author’s opinion and review in blog of #LiteFinance