The narrowing divergence in economic growth, government stability, and the difference in the pace of monetary expansion by the Fed and the Bank of England have allowed the GBPUSD pair to soar above 1.3. Will it manage to gain a foothold there? Let’s discuss this topic and make a trading plan.
Highlights and key points
Economists do not believe that the Labour Party will boost GDP.
The divergence in US and UK economic growth is narrowing.
The Fed and the BoE are likely to cut rates in September.
The GBPUSD pair may rise to 1.313 and 1.323.
Weekly fundamental forecast for… Read full author’s opinion and review in blog of #LiteFinance
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