Pound should find a middle ground. Forecast as of 10.02.2022

The BoE has been passive for too long and is now forced to tighten monetary policy at every MPC meeting. So far, this does not bring any particular advantages to the GBPUSD bulls. Will the situation change in the future? Let us discuss the Forex outlook and make up a trading plan.

Monthly pound fundamental forecast

At first glance, the US and the UK are twin brothers. Both countries have faced severe problems due to COVID-19 and can boast impressive GDP growth and a recovery in the labor market. Both are tightening monetary policy due to the highest inflation in decades…. Read full author’s opinion and review in blog of #LiteForex