British Pound (GBP) Price Outlook: Steady Ahead of BoE, UK Elections
Summary
By sueyangfx.com May 04, 2021 at 09:06AM GBP/USD and the GBP crosses will likely trade sideways, with GBP/USD around 1.39, ahead of Thursday’s monetary policy decision by the Bank of England and UK elections the same day.
More On DailyFX - Market News
- US Dollar Price Action: Hawkish Powell and Potential Month-End USD Buying
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- Gold Price Crumbles After Hawkish Fed Boosted US Dollar. Where to for XAU/USD?
- Supportive USD Fundamentals and DXY Setup Ahead of FOMC
May 04, 2021 at 09:06AM
GBP/USD and the GBP crosses will likely trade sideways, with GBP/USD around 1.39, ahead of Thursday’s monetary policy decision by the Bank of England and UK elections the same day.