GBP/USD Review, April 11-15, 2022
11 апреля 2022
The currency pair plunged last week and tested 1.2980 due to the expectation of rates hike by the Fed. Unlike EUR/USD, GBP/USD still has some support as the Bank of England gradually hikes rates in its turn due to rising inflation.
We expect GBP/USD to test 1.2980 this week again. The currency pair stays below the descending trend line.
