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GBP/USD Outlook: Buyers Overshadowed at 1.3080, Eying Fed, BoE

Started by forex4you, Apr 23, 2022, 11:41 am

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Apr 23, 2022, 11:41 am
GBP/USD Outlook: Buyers Overshadowed at 1.3080, Eying Fed, BoE

GBP/USD fell on fresh dollar selling on Thursday. Thanks to more aggressive Fed rate hikes and rising US bond yields, dollar losses should be limited. Before the speeches by the Bank of England Governor Bailey and Fed Chair Powell, investors appeared cautious. The GBP/USD outlook seems slightly positive as the price attempts an upside recovery, … Continued


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