Started by forex4you, Apr 25, 2022, 03:01 pm
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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
The post GBP/USD Weekly Forecast: Way to More Fall amid Fed-BoE Divergence appeared first on Forex Crunch.
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