BoE moves closer to rate cut. Forecast as of 11.04.2024

When will central banks start monetary policy easing? How low are they ready to cut their rates? The answers to these questions and the improvement in the global economy determine the trajectories of currencies in the Forex market. Let's discuss the Forex outlook and make up a trading plan for GBPUSD.Monthly Pound fundamental forecastWhile the Fed guarantees a soft landing for the US economy and the ECB is urged to cut interest rates to keep the eurozone out of recessionary risks, the UK ha