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GBP/USD Weekly Forecast: On the Back Foot as BoE Cut Nears


The GBP/USD weekly forecast suggests further downside. The US economy grew by 3.0%, compared to the forecast of 2.5%. The dollar retreated on Friday after data revealed slower-than-expected job growth in July. The GBP/USD weekly forecast suggests further downside as market participants prepare for a Bank of England rate cut. Ups and downs of GBP/USD …
The post GBP/USD Weekly Forecast: On the Back Foot as BoE Cut Nears appeared first on Forex Crunch.
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