Pound to Dollar Week-Ahead Forecast: GBP Eyes Fresh Highs on CPI

GBP/USD could extend its three-month high if UK jobs and inflation data reinforce Bank of England rate hike expectations, while softer Fed bets keep the Dollar under pressure. The Pound US Dollar (GBP/USD) exchange rate appreciated last week amid a dovish repricing of Federal Reserve interest rate hike bets.

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Category Forex

Source ExchangeRates

Published 1 month ago

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News ID #7,094

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