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GBP/USD Outlook: Bulls Above 1.23, Ignore Upbeat US Jobs Data

Started by forex4you, Dec 05, 2022, 03:50 pm

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GBP/USD Outlook: Bulls Above 1.23, Ignore Upbeat US Jobs Data

Swati believes there were little indications that growing pay demands increased the possibility of a wage-price spiral. She warned that the BoE could worsen an anticipated recession if it raised borrowing prices even further. The dollar weakened amid increased risk sentiment. Today’s GBP/USD outlook is bullish as the dollar weakens. The USD struggled to gain … Continued


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