Pound: better stay informed. Forecast as of 15.02.2024

Even if UK inflation falls to 2% in the coming months, it risks rising in the future. This is forcing Bank of England officials to be cautious. Will the pound support their position? Let us discuss the Forex outlook and make up a trading plan for GBPUSD.Weekly Pound fundamental forecastCentral banks' monetary policy and exchange rates depend on the inflation dynamics. The GBPUSD reaction to the data releases on the UK labor market and CPI once again proved this. A month ago, slowing wages a