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Post-Fed GBP/USD Rebound at Risk on Dovish BoE, Soft Inflation Report

DailyFX.com –

Post-Fed GBP/USD Rebound at Risk on Dovish BoE, Soft Inflation ReportPost-Fed GBP/USD Rebound at Risk on Dovish BoE, Soft Inflation Report

Fundamental Forecast for British Pound:Neutral

With GBP/USD largely reversing the decline following the Federal Open Market Committee’s (FOMC) policy meeting, the pair may continue to face range-bound prices in the week ahead as market attention turns to the Bank of England (BoE) interest rate decision on November 3. read more