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Trade of the Week: GBPUSD in for an early-Christmas cracker?
"Cable" is forecasted to trade between 1.2528 and 1.2788 this week. Find out which US and UK macroeconomic data releases could move this FX pair in this penultimate trading week of 2023.
The Bank of England is expected to keep rates at 5.25% after its meeting today. A “hawkish hold” should see GBP relatively well supported as it battles to break out of its long-term downtrend.
"Cable" is forecasted to trade between 1.2528 and 1.2788 this week. Find out which US and UK macroeconomic data releases could move this FX pair in th...
GBPUSD inflation Bank of England Federal Reserve rate hikes Recession