GBP/USD Price Analysis: Dollar Strength Nudges Pound Lower

The GBP/USD price analysis is bullish, but the pound has retreated slightly. The US and China are finally ready to meet and start trade negotiations. Market participants expect the Fed to keep interest rates unchanged. The GBP/USD price analysis is bullish, but the pound has retreated slightly from its multi-day top due to dollar strength.... The post GBP/USD Price Analysis: Dollar Strength Nudges Pound Lower appeared first on Forex Crunch.

May 7, 2025 - 09:40
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GBP/USD Price Analysis: Dollar Strength Nudges Pound Lower
my GBP/USD forecast

The GBP/USD price analysis is bullish, but the pound has retreated slightly. The US and China are finally ready to meet and start trade negotiations. Market participants expect the Fed to keep interest rates unchanged. The GBP/USD price analysis is bullish, but the pound has retreated slightly from its multi-day top due to dollar strength....

The post GBP/USD Price Analysis: Dollar Strength Nudges Pound Lower appeared first on Forex Crunch.