GBP/USD Forecast: Sterling Rises Despite Weaker UK CPI - A Good Software
GBP/USD Forecast: Sterling Rises Despite Weaker UK CPI - A Good Software Home Tutorials & Guides GBP/USD Forecast: Sterling Rises Despite Weaker UK CPI UK consumer inflation increased by a smaller-than-expected 2.5% annually. Market participants increased the likelihood of a Feb BoE rate cut from 60% to 80%.
UK consumer inflation increased by a smaller-than-expected 2.5% annually. Market participants increased the likelihood of a Feb BoE rate cut from 60% to 80%. Economists expect US consumer inflation to increase by 2.6% annually. The GBP/USD forecast shows a bright day for the pound despite downbeat UK inflation figures. A decline in UK yields has