Pound is betting. Forecast as of 13.01.2021

The resurgent US dollar and rumors about the interest-rate cut by the Bank of England provoked a correction in GBPUSD. The pullback was short-lived, and the pound is ready to restore the uptrend. What's next? Let us discuss the Forex outlook and make up a GBPUSD trading plan 

Fundamental pound forecast for six months

Once the Brexit talk ended, the British pound returned to the game of betting. Investors are closely following the economy and the Bank of England representatives' comments discussing the possibility of the interest-rate cut below zero. Dovish stance drove the GBPUSD price down below 1.35. As soon as the hawks… Read full author’s opinion and review in blog of #LiteForex