GBP/USD bulls poke 1.2150 ahead of UK, US Consumer Inflation Expectations – by anilpanchal7 GBPUSD BOE Fed RiskAversion Inflation
y amid downbeat US Dollar, as well as due to the price-positive catalysts. It should be noted, however, that the cautious mood ahead of the next week’s key monetary policy meetings from the and the Federal Reserve , as well as the final voting on the Brexit verdict, keeps the Cable buyers chained.
Elsewhere, hopes of witnessing a sooner and positive end to the Brexit deadlock also allow the GBP/USD buyers to remain hopeful as The Telegraph said that the UK’s Members of the Parliament will deliver their final verdict on Rishi Sunak’s newdeal next week after Downing Street confirmed a vote on the Windsor Framework will be held on Wednesday.
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