ONTRADE Forex

GBP/USD Weekly Forecast: Solid on the surface, fragile underneath

GBP/USD Weekly Forecast: Solid on the surface, fragile underneath
Another bearish week for the British Pound led to the second consecutive weekly retracement for GBP/USD, which was primarily driven by geopolitical concerns rather than domestic issues, while market participants currently do not expect the Bank of England (BoE) to resume interest rate cuts this year

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