GBP/USD Outlook: Dollar Soars to 5-Week High Against Pound

The Swiss National Bank cut rates on Thursday. The Bank of England held rates at 5.25% after inflation data the previous day revealed a decline to 2%. BoE policymakers said their decision not to lower rates was finely balanced. The GBP/USD outlook remains bearish, with the dollar at a five-week high against the pound. This...


The post GBP/USD Outlook: Dollar Soars to 5-Week High Against Pound appeared first on Forex Crunch.


https://www.forexcrunch.com/blog/2024/06/21/gbp-usd-outlook-dollar-soars-to-5-week-high-against-pound/?utm_source=dlvr.it&utm_medium=blogger