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GBP/USD Forecast: UK Inflation for Feb Exceeds Expectations

Started by forex4you, Mar 24, 2023, 06:27 am

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GBP/USD Forecast: UK Inflation for Feb Exceeds Expectations

British consumer price inflation unexpectedly increased to 10.4% in February. Investors are awaiting the BOE meeting on Thursday. Markets are presently pricing in a 14% chance that the Fed won’t raise rates. Today's GBP/USD forecast is bullish. British consumer price inflation unexpectedly increased to 10.4% in February from 10.1% in January, according to the Office … Continued


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