GBP/USD Weekly Forecast: Dollar Falters Amid Dismal NFP Data

<div><img width="746" height="510" src="https://www.forexcrunch.com/wp-content/uploads/2023/04/Screenshot_2.png" class="type:primaryImage wp-post-image" alt="" decoding="async" style="margin-bottom: 15px;" fetchpriority="high" srcset="https://www.forexcrunch.com/wp-content/uploads/2023/04/Screenshot_2.png 746w, https://www.forexcrunch.com/wp-content/uploads/2023/04/Screenshot_2-300×205.png 300w, https://www.forexcrunch.com/wp-content/uploads/2023/04/Screenshot_2-150×103.png 150w" sizes="(max-width: 746px) 100vw, 746px" /></div>
<p>The pound surged following the Bank of England’s decision to maintain rates. Investors are becoming increasingly convinced that US rates have peaked. The pound got a boost from downbeat US employment figures. The GBP/USD weekly forecast is riding a wave of bullish sentiment as the greenback falters after discouraging employment figures. A weaker dollar sets…</p>
<p>The post <a rel="nofollow" href="https://www.forexcrunch.com/gbp-usd-weekly-forecast-dollar-falters-amid-dismal-nfp-data/">GBP/USD Weekly Forecast: Dollar Falters Amid Dismal NFP Data</a> appeared first on <a rel="nofollow" href="https://www.forexcrunch.com">Forex Crunch</a>.</p>