Pound Under Pressure Ahead of US 'Liberation Day'. Forecast as of 27.03.2025

The recent budget cuts have led to a downward adjustment in UK GDP forecasts, yet they have not dragged the GBPUSD pair down. Even the slowdown in CPI failed to support bears. Investors are awaiting the US's decision on tariffs, which has led to a consolidation in the pair. Let's discuss this topic and make a trading plan.Major Takeaways The Treasury has cut £14 billion in budget spending. The fiscal margin is the third-smallest ever. Tariffs will severely damage the US economy. Short trad