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GBP/USD Forecast: Pound Rebounds on Mild Inflation Drop
UK inflation fell from 3.4% in February to 3.2% in March. Governor Bailey said the decline in inflation aligned with the central bank’s forecasts. There is more caution about rate cuts in the US. Things are looking up in the GBP/USD forecast as the pound stages a recovery following a smaller-than-expected decline in inflation. At...
GBP/USD Price Rebounds as UK Inflation Remains Hot
The bearish pressure remains high as long as it stays below the median line. A new higher high activates a larger rebound. The price action signaled an oversold. The GBP/USD price rallied today and hit as high as 1.2481 after the UK CPI came in better than expected. Now, the pair has retreated a little...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
