GBP/USD Price Analysis: Higher Policy Rates Spur Flight to Safety

<p>The Bank of England surprised markets with a 50bps rate hike. The market anticipates the adverse impact of higher rates on the UK economy. Britain’s inflation rate remained unchanged at 8.7% compared to the previous month. Today’s GBP/USD price analysis is bearish. After experiencing an initial surge in a volatile trading session on Thursday, the … <a href="https://www.forexcrunch.com/gbp-usd-price-analysis-higher-policy-rates-spur-flight-to-safety/">Continued</a></p>
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