Started by forex4you, Nov 05, 2022, 03:11 am
0 Members and 1 Guest are viewing this topic.
The BoE raised rates by 75bps on Thursday, the most since 1989. The BoE warned of a looming protracted recession in Britain. The pair is falling on dollar strength after Powell’s hawkish comments. Today’s GBP/USD price analysis is bearish. After the Bank of England changed its tone, investors recalculated their rate projections, which put the … Continued
The post GBP/USD Price Analysis: BoE Hikes by 75bps, Warns of Recession Ahead appeared first on Forex Crunch.
Page created in 0.307 seconds with 17 queries.