Pound is rising from ashes. Forecast as of 22.02.2024

News of the decline in the UK economy weakened the GBPUSD bulls. However, new data points to a GDP recovery, which is good for the pound. Let us discuss the Forex outlook and make up a trading plan.Weekly Pound fundamental forecastBank of England officials are ready to follow the Fed along the path of monetary expansion, but unlike their American colleagues, they trust market rates about the timing and extent of monetary easing. Of course, if the incoming data confirms that they are right.