As the markets are looking for a 25bps hike already, they may begin pricing in a 50bps hike. If so, GBP/USD so continue to move higher. As one of the first major central banks to raise rates, the Bank of England has been hawkish and should remain so until their upcoming Interest Rate Decision meeting […]
The post GBP/USD Moves Higher as Jobs and Inflation Data Stronger appeared first on Action Forex.
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