GBP/USD Weekly Forecast: BoE to Hike Rates to Tame Inflation

June 17, 2023
Posted by: AliensFaith
Category: OBJECTIVE PRESS

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Investors expect a rate hike next week from the Bank of England. US consumer prices experienced limited growth in May. Investors expect a slightly lower inflation reading next week. The GBP/USD weekly forecast is bullish as investors expect a rate hike at next week’s BOE meeting. The pair is expected to continue with its previous …

The post GBP/USD Weekly Forecast: BoE to Hike Rates to Tame Inflation appeared first on Forex Crunch.

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

GBP/USD Weekly Forecast: BoE to Hike Rates to Tame Inflation

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