Pouns is to make the right choice. Forecast as of 21.09.2023

The Bank of England has two examples to follow. On the one hand, the ECB raised the interest rate, pressing down the euro. On the other hand, the Fed made a hawkish pause, strengthening the US dollar. What will the BoE choose? Let us discuss the Forex outlook and make up a trading plan for the GBPUSD and EURGBP.

Weekly Pound fundamental forecast

A sharp slowdown in the UK inflation knocked the pound down. The chances of raising the interest rate in September collapsed from 75% to 50%, the UK bond yield dropped, and the GBPUSD hit the lowest level since the… Read full author’s opinion and review in blog of #LiteFinance