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GBP/USD Forecast: Pair Awaits US Data
The GBP/USD pair has paused its
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The GBP/USD pair has paused its upward movement ahead of the important U.S. Consumer Price Index (CPI) report, but remains stable near its highest levels since late February. Current quotes in the 1.3420–1.3430 level point to the possibility of further growth.The CPI report is expected to show an increase in inflation in March, driven by a surge in oil prices caused by the war. This could strengthen the Federal Reserve's position to keep interest rates unchanged. Tensions in the Strait
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