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GBP Price Outlook: GBP/USD Downside Beckons Despite Likely UK Rate Hike

Published On: November 4, 2021

Summary

By sueyangfx.com November 04, 2021 at 09:14AM The Bank of England is expected to raise UK interest rates today but GBP/USD will still likely lose ground as a 15bps increase to 0.25% has been fully priced in by the markets […]

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By sueyangfx.com

November 04, 2021 at 09:14AM

The Bank of England is expected to raise UK interest rates today but GBP/USD will still likely lose ground as a 15bps increase to 0.25% has been fully priced in by the markets already.

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