Pound to face roadblocks. Forecast as of 02.05.2024

As the general election approaches, the government is talking more and more about fiscal and monetary stimulus. However, the independence of the Bank of England bars such talks. How will this affect the GBPUSD pair? Let’s discuss that and make a trading plan for GBPUSD.Weekly fundamental forecast for pound sterlingThe British pound closed five out of seven last trading sessions with green figures. Investors may have mistakenly believed that UK inflation was to blame. In March, it slow