GBP/USD Forecast: Pound Dives Following Cooler Inflation Figures

<p>British inflation data came in lower than anticipated. Market sentiment now leans toward a 25bps increase in UK rates on August 3. The UK’s inflation rate remains the highest among the world’s top seven advanced economies. Today’s GBP/USD forecast is bearish. British inflation data came in lower than anticipated, causing a pound value decline on … <a href="https://www.forexcrunch.com/gbp-usd-forecast-pound-dives-following-cooler-inflation-figures/">Continued</a></p>
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