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GBP/USD Forecast: Wobbling Around 1.23 Ahead of US Inflation Data

Started by forex4you, May 11, 2022, 10:01 am

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GBP/USD Forecast: Wobbling Around 1.23 Ahead of US Inflation Data

As upcoming US CPI data has subdued FX market volatility, the GBP/USD remains around 1.2300. Inflation could reach 8.1%, and the US core consumer price index could fall 6%. Data on employment in Great Britain and the consumer price index will continue to dominate the news next week. The GBP/USD forecast remains negative as the … Continued


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