Pound is to face troubles. Forecast as of 22.06.2023

Although the BoE spared no efforts to curb inflation, the situation has hardly improved. Consumer prices stuck at 8.6%, the core indicator soared to 7.1%. What should traders do? Let us discuss the Forex outlook and make up a GBPUSD trading plan.

Fundamental pound forecast today

Pound argues with the common truth. For example, a strong economy usually has a strong currency. However, According to Capital Economics, the acceleration of core inflation makes the UK look more and more like a global loser and a nation of stagflation. It seems to be true. However, sterling became the clear winner among… Read full author’s opinion and review in blog of #LiteFinance