GBP/USD Drops Following Bank of England’s Indication of Fewer Future Rate Increases
GBP/USD dropped following Bank of England’s indication of fewer future rate increases and revised economic forecasts.
GBP/USD dropped following Bank of England’s indication of fewer future rate increases and revised economic forecasts.
The British pound surged in value after the Bank of Japan announced its yield curve control policy and UK’s hot CPI numbers.
British pound strengthens on Wednesday, surpassing 1.23 level and potentially reaching 1.2450, with Federal Reserve’s monetary policy being a factor.