GBP/USD forecast: Pound breaks the old rules

Pound Sterling forecast for today

The GBP/USD is getting more responsive to foreign factors

The biggest Forex mystery in 2020 in the Pound Sterling. The Bank of England officials suggest a quicker rebound of the UK GDP than it was earlier expected, but the government bond yields are falling. Andrew Bailey claims that the BoE was not planning negative rates at the MPC meeting, but the money market pricing suggests such a possibility. BoE says the £745-billion QE will finish this year, however, an increase in the monetary stimulus signals that the central bank will continue the monetization of government. The UK may leave…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>