 Britain still faces the threat of ongoing inflationary pressure due to a tight labor market. Markets anticipate the BoE will increase rates to 4 at its next meeting. Markets currently forecast BoE rates to peak at 4.5 in June. Todays GBPUSD outlook is bullish. Huw Pill, the chief economist at the Bank of England, stated ... Continued The post GBPUSD Outlook: BoEs Pill Sees Likelihood of Ongoing Inflation appeared first on Forex Crunch... 