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GBP/USD Price Analysis: BoE Aggressive Bets Fall After Policy U-turn

Started by forex4you, Oct 19, 2022, 01:04 pm

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GBP/USD Price Analysis: BoE Aggressive Bets Fall After Policy U-turn

BoE might pause its rate hikes on Britain’s new fiscal policy. Bets of a 100bps rate hike at the next BoE meeting have gone down. The Fed will continue hiking rates as long as inflation remains high. Today’s GBP/USD price analysis is slightly bullish. However, the larger bearish trend might continue as the Bank of … Continued


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