GBP/USD Forecast: Less Hawkish Fed Triggers Sterling Bulls

A majority of Fed policymakers agreed on smaller rate hikes. US unemployment claims rose more than was predicted last week. British economic activity remained close to 21-month lows, confirming a recession. Today’s GBP/USD forecast is bullish. Sterling climbed on Thursday for the third day against a falling dollar as investors bet on riskier assets. They … The post GBP/USD Forecast: Less Hawkish Fed Triggers Sterling Bulls appeared first on Forex Crunch.

GBP/USD Forecast: Less Hawkish Fed Triggers Sterling
Bulls

A majority of Fed policymakers agreed on smaller rate hikes. US unemployment claims rose more than was predicted last week. British economic activity remained close to 21-month lows, confirming a recession. Today’s GBP/USD forecast is bullish. Sterling climbed on Thursday for the third day against a falling dollar as investors bet on riskier assets. They …

The post GBP/USD Forecast: Less Hawkish Fed Triggers Sterling Bulls appeared first on Forex Crunch.