GBP Price Outlook: GBP/USD Downside Beckons Despite Likely UK Rate Hike

GBP Price Outlook: GBP/USD Downside Beckons Despite Likely UK Rate Hike https://www.dailyfx.com/forex/market_alert/2021/11/04/GBP-Price-Outlook-GBPUSD-Downside-Beckons-Despite-Likely-UK-Rate-Hike-MSE.html The Bank of England is expected to raise UK interest rates today but GBP/USD will still likely lose ground as a 15bps increase to 0.25% has been fully priced in by the markets already.

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GBP Price Outlook: GBP/USD Downside Beckons Despite Likely UK Rate Hike

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Ivy Chu

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