GBP/USD Outlook Gloomy Ahead of FOMC Minutes, UK CPI Data

19 February 2020 19 February 2020

BonTrade

The British Pound may fall against the US Dollar if UK CPI data underwhelms. GBP/USD’s decline may be amplified if the FOMC minutes reveal an unexpectedly hawkish Fed.

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Foreign inflows into U.S. Treasuries in 2019 hit largest in 7 years: data

Gold holds above $1,600 on fears over economic impact of virus