Sunday, May 19, 2024

GBP/USD Weekly Forecast: Cooling US Inflation Boosts Pound

The US CPI report showed a decline in inflation. Employment data from the UK showed a significant drop in jobless claims. Next week, the UK will release its crucial inflation report. The GBP/USD weekly forecast shows more upside potential as easing US inflation increases Fed rate cut expectations, weighing on the dollar. Ups and downs...


The post GBP/USD Weekly Forecast: Cooling US Inflation Boosts Pound appeared first on Forex Crunch.


https://www.forexcrunch.com/blog/2024/05/18/gbp-usd-weekly-forecast-cooling-us-inflation-boosts-pound/?utm_source=dlvr.it&utm_medium=blogger

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