The GBP/USD pair remains under pressure, trading around 1.3460, as it contends with a mix of conflicting factors. In the UK, Bank of England Governor Andrew Bailey stated that inflation is expected to decline next year but confirmed that the central bank’s policy will remain restrictive. He pointed to a weakening labour market and cautious […]
The post GBP/USD Under Pressure as Markets Question Bank of England’s Stance appeared first on Action Forex.
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