GBP/USD Outlook: Data Signals Divergence in Fed-BoE Path

The GBP/USD outlook indicates a more dovish outlook for the Fed compared to that of the BoE. The US economy added only 22,000 new jobs in August. Market participants are expecting at least three Fed rate cuts before the year ends. The GBP/USD outlook indicates a bullish momentum as the Fed outlook is more dovish…
The post GBP/USD Outlook: Data Signals Divergence in Fed-BoE Path appeared first on Forex Crunch.

Source: forexcrunch.com (Read Full Article)