GBP/USD: BoE guidance towards a lower path could trigger a further slide – Westpac GBPUSD BOE UnitedKingdom Banks
Review forecasts portray the increasing politically sensitive cost-of-living crisis. Markets are pricing in another 25bps hike within a steady path higher over the next year of a further 150bps of hikes. Guidance towards a lower path could trigger a further slide in GBP.”
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