GBP/USD Weekly Forecast: Pound Finds Breather on Tariff Relief

The dollar collapsed when a 25% tariff meant for Canada and Mexico failed to take off. The Bank of England lowered borrowing costs. Data on Friday showed a mixed picture of the US labor sector. The GBP/USD weekly forecast indicates a brief respite for the pound as Trump’s policies weaken the dollar. Ups and downs... The post GBP/USD Weekly Forecast: Pound Finds Breather on Tariff Relief appeared first on Forex Crunch.

Feb 9, 2025 - 23:51
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GBP/USD Weekly Forecast: Pound Finds Breather on Tariff Relief
my GBP/USD forecast

The dollar collapsed when a 25% tariff meant for Canada and Mexico failed to take off. The Bank of England lowered borrowing costs. Data on Friday showed a mixed picture of the US labor sector. The GBP/USD weekly forecast indicates a brief respite for the pound as Trump’s policies weaken the dollar. Ups and downs...

The post GBP/USD Weekly Forecast: Pound Finds Breather on Tariff Relief appeared first on Forex Crunch.