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GBP/USD Weekly Forecast: Way to More Fall amid Fed-BoE Divergence

Started by forex4you, Apr 25, 2022, 03:01 pm

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Apr 25, 2022, 03:01 pm
GBP/USD Weekly Forecast: Way to More Fall amid Fed-BoE Divergence

GBP/USD closed below 1.2900 for the week, with large weekly losses. Powell’s comments emphasize the Fed’s policy imbalance with Bailey. As long as the technical setup favors the bears, the downside slope remains intact. The GBP/USD weekly forecast remains strongly bearish as the pair saw a big dip towards the 1.2800 area while the Fed-BoE … Continued


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