Pound is not afraid. Forecast as of 26.07.2023

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Although the overall economic situation is not positive, the UK economy isn’t doing that badly. Besides, there is a divergence in the monetary policy of the Bank of England and the Fed. Therefore, the GBPUSD might go up above 1.3. Is it real? Let us discuss the Forex outlook and make up a GBPUSD trading plan.

Weekly fundamental pound forecast

It might seem that the slowdown in inflation and weak UK PMI data should have supported the GBPUSD downtrend. Nobody expected the pair to go up above 1.3 soon. However, if you predict the market, you should always look at many… Read full author’s opinion and review in blog of #LiteFinance

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