Pound's last resort. Forecast as of 06.04.2022

Hints of a pause in the tightening of the monetary policy by the Bank of England had a bad effect on the GBPUSD bulls. However, it is reasonable always to study the data because BoE's views may change. Let us discuss the Forex outlook and make up a trading plan.

Weekly pound fundamental forecast

"Everyone has a plan: until they get punched in the face." This Mike Tyson's catchphrase helped BoE Deputy Governor, Ben Broadbent, explain why investors should trust economic data more than the BoE's plans. MPC officials may be wrong about needing a pause after three consecutive monetary restrictions. If… Read full author’s opinion and review in blog of #LiteFinance