Pound May Start Currency War. Forecast as of 19.09.2024

The aggressive start of the Fed's monetary expansion has changed the rules of the game. Now, central banks are forced to consider whether they should also accelerate their expansionary policies. The Bank of England will be the first to announce its decision. Let's discuss this topic and make a trading plan for the GBPUSD pair.Highlights and key points The Fed has set a high speed of monetary expansion. The Bank of England will follow the Fed or remain cautious. The BoE's decision will determine