GBP/USD Outlook: UK Economy Recovers from July Downturn

<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 UK economy rebounded somewhat after a sharp decline in July. Investors estimate the likelihood of the BOE resuming hikes after November at less than 25%. The September US consumer price index data will likely show a decreased inflation last month. The GBP/USD outlook is slightly bearish as the outlook for the British economy remains…</p>
<p>The post <a rel="nofollow" href="https://www.forexcrunch.com/gbp-usd-outlook-uk-economy-recovers-from-july-downturn/">GBP/USD Outlook: UK Economy Recovers from July Downturn</a> appeared first on <a rel="nofollow" href="https://www.forexcrunch.com">Forex Crunch</a>.</p>

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