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GBP/USD Weekly Forecast: BoE Challenged by Rising Inflation

Started by forex4you, Nov 20, 2022, 05:43 am

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Nov 20, 2022, 05:43 am
GBP/USD Weekly Forecast: BoE Challenged by Rising Inflation

The US issued PPI data that provided additional evidence that inflation had peaked. British inflation reached a 41-year high due to rising food and household energy costs. Jeremy Hunt unveiled tax increases and spending reductions to try and fix Britain’s finances. The GBP/USD weekly forecast is bullish as the Bank of England is bound to … Continued


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