GBP/USD Weekly Forecast: Last Chance for Currency Volatility on FOMC Meeting

gbp usd weekly forecast last chance for currency volatility on fomc meeting

Sumary of GBP/USD Weekly Forecast: Last Chance for Currency Volatility on FOMC Meeting:

  • GBP/USD Holds Narrow Range as FX Volatility Drifts Lower Reopening Delay Unlikely to Have a Large Economic Impact UK Data Plays Second Fiddle to FOMC Meeting As FX volatility continues to dwindle, so does the excitement..
  • The Pound largely sticking to a 1.4080-1.4200 range for much of the week and subsequently, the currency has more or less finished the week where we started..
  • As the UK look set to delay the full reopening of the economy, the impact is not expected to be significant (from a market perspective) and while sentiment may slightly soften on the Pound, this is expected to be temporary….

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