GBP/USD Forecast: Pound Lingers at Recent Lows After UK CPI

<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" decoding="async" style="margin-bottom: 15px;" 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 indicated that UK inflation in August had slowed more than anticipated. Investors rushed to scale back their expectations of the BOE increasing rates on Thursday. Traders see a 60% probability that the BOE will leave rates unchanged on Thursday. Today’s GBP/USD forecast is bearish as the pound hovers near fresh lows hit after the…</p>
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