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GBP/USD Weekly Forecast: Firm USD Risks Break of 1.37, Eyes on BoE, NFP

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The GBP/USD weekly forecast remains slightly subdued as the markets pared partial weekly gains amid dollar recovery and profit-taking. Fed’s data dependency and resilient UK economy continue to balance the GBP/USD. Market participants eye the US NFP and the BoE interest rate decision to gauge further directional bias. The GBP/USD price closed its second consecutive…

The post GBP/USD Weekly Forecast: Firm USD Risks Break of 1.37, Eyes on BoE, NFP appeared first on Forex Crunch.

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