Pound depends on rates. Forecast as of 04.04.2024

GBPUSD changes are based on market expectations for the Federal funds rate and interest rate. They are formed based on economic and inflation data. Let's discuss the Forex outlook and make up a trading plan.Weekly Pound fundamental forecastFor most of the year, investors were satisfied that the Bank of England would cut rates later and less aggressively than the Fed and ECB. However, the SNB's unexpected monetary easing, a serious slowdown in UK inflation, dovish statements by Andrew Bailey