At the end of spring, GBPUSD bulls retreated due to the rising US Treasury yields, but they are not going to give up early. The pound has plenty of trump cards to play. Let’s discuss that and make a trading plan for GBPUSD.
Weekly fundamental forecast for pound sterling
Unlike previous years when there was a clear Forex favorite, the two G10 currencies continue to go head-to-head in 2024, taking turns to lead the race. A rapid rise in US Treasury yields has returned the leading position to the US dollar, but the British pound is not about to surrender. It may… Read full author’s opinion and review in blog of #LiteFinance
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