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GBP/USD Outlook: Pound May Face Volatility as Investors Await New PM

Started by forex4you, Sep 05, 2022, 01:43 pm

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Sep 05, 2022, 01:43 pm
GBP/USD Outlook: Pound May Face Volatility as Investors Await New PM

Markets are awaiting the announcement of the following UK PM. The BoE could raise rates by 75bps at the next meeting. Tensions with the EU could return with a new PM. Today’s GBP/USD outlook is bearish. After a tumultuous week in which worries about the UK’s deteriorating economic outlook, the policy course under a new … Continued


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