📊 Market Analysis: Will GBP/USD Recover After Recent Losses?
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.
Visit KVB Official website to read more: www.kvbplus.com
#KVB# #Todayanalysis# #analysis# #fundamentalsanalysis# #technicalanalysis# #GBP/USD# #trading# #tradingskill# #investment# #USeconomy# #US# #USDollar#
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.