GBP/USD Outlook: Dollar’s Longest Weekly Rally in a Decade

<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>The dollar saw a marginal 0.15% decline. The pound remained at a three-month low against the strengthening dollar on Thursday. BOE’s Bailey indicated that the central bank is getting closer to concluding its tightening cycle. The GBP/USD maintains a bearish outlook. On Friday, the dollar was on track for its lengthiest weekly winning streak in…</p>
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