The GBP/USD weekly forecast turns bearish after dipping to 7-week lows. Upbeat US GDP and Jobless Claims, along with a cautious Fed, triggered a dollar recovery. Markets now focus on labor market data due next week for a fresh impetus. The GBP/USD weekly forecast has turned bearish after the price significantly declined last week, reaching...

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The GBP/USD weekly forecast suggests further upside for the pound. The US CPI report revealed that inflation accelerated from 0.3% to 0.4%. US unemployment claims were higher than expected, supporting Fed rate cut bets. The GBP/USD weekly forecast suggests further upside for the pound as traders gear up for a Fed rate cut on Wednesday....

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The GBP/USD price analysis indicates escalating concerns about the UK’s fiscal health. The UK 30-year yield rose to its highest point since May 1998. The US will release its non-farm payrolls report on Friday, providing an update on the state of the labor market. The GBP/USD price analysis indicates escalating concerns about the UK’s fiscal...

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The GBP/USD weekly forecast shows a drop in BoE rate cut expectations. Nearly half of the BoE officials were ready to keep interest rates unchanged. US unemployment claims data further supported rate cut bets. The GBP/USD weekly forecast shows a drop in BoE rate cut expectations after a divided vote at the last meeting. Ups...

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GBP/USD remains under pressure amid persistent dollar strength and fading BoE rate hike bets. UK CPI surprised to the upside, but markets doubt the BoE will respond with another hike. Next week’s focus shifts to UK and US PMIs, both likely to shape GBP/USD’s near-term trajectory. The GBP/USD price closed lower for the week, sliding...

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The GBP/USD weekly forecast indicates weaker growth in the UK. Treasury yields soared after Trump announced higher tariffs on several countries. Next week, the US will release crucial inflation and retail sales figures. The GBP/USD weekly forecast indicates weaker growth in the UK, which has pushed up BoE rate cut expectations. Ups and downs of...

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The GBP/USD weekly forecast is strongly bullish as the dollar remains broadly weaker amid the Fed’s policy outlook. The easing of geopolitical worries and contraction of US GDP further weighed on the dollar. Next week’s employment data and US PMIs are essential to watch. The British pound soared to its highest level since October 2021...

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The GBP/USD weekly forecast is mildly bearish amid central bank divergence. The Middle East crisis continues to weigh on the pound, adding gains to the US dollar. Market participants set eyes on PMI readings and US GDP and inflation data. The British pound managed to partially recover its losses against the US dollar after the...

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GBP/USD weekly forecast remains bullish amid broad dollar weakness. Weaker US data and easing US-China trade tensions support the pound. All eyes are on the BoE and FOMC meetings due next week. The GBP/USD weekly forecast remains strongly bullish as the pair hits its third consecutive week in gains. The price marked a 39-month top...

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The GBP/USD weekly forecast indicates trade optimism in the UK. A better-than-expected nonfarm payrolls report allowed the dollar to recover on Friday. Next week, the US will release crucial inflation figures. The GBP/USD weekly forecast indicates trade optimism in the UK after exemptions from Trump’s steel and aluminum tariffs. Ups and downs of GBP/USD The...

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