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Back Fundamental analysis
GBP/USD. Price Analysis. Forecast. Pound Buyers Believe in Bank of England Tightening
On Thursday, the GBP/USD pair moved
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On Thursday, the GBP/USD pair moved into a "bullish" consolidation phase and trades just below the 1.3400 mark, near a new monthly high set during the day.The fundamental backdrop remains favorable for pound buyers, setting up continued upward movement, as seen over the past week.The U.S. dollar is struggling to attract buyers and remains near three-week lows set Tuesday, amid falling U.S. government bond yields.By contrast, the British pound is supported by rising expectations of a Bank of England rate
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