Product: GBP/USD
Prediction: Decrease
🟢Fundamental Analysis:
GBP/USD is falling this week due to stronger U.S. Dollar demand but has recovered 200 pips from last week’s low. The USD struggles with expectations of a Fed rate cut, benefiting GBP/USD.
🔵 Technical Analysis:
Lower expectations for a Bank of England rate cut support the British Pound, but U.S. inflation concerns and Fed policies may limit GBP/USD gains.
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