British Pound Technical Forecast: GBP/USD, GBP/JPY, EUR/GBP - DailyFX


5/7/2022 12:00:00 AM2 years 11 months ago
by James Stanley

It was a brutal week for the British Pound as the Bank of England warned of the possibility of a ‘sharp economic downturn’ while warning that inflation could climb above 10% in Q3.

British Pound Technical Forecast: Bearish

  • It was a brutal week for the British Pound with a hastening in the sell-off around the Thursday Bank of England rate decision.
  • That BoE rat… [+5659 chars]

    full article...