GU clearly to the downside whatever Bank of England says

19 בספט׳ 2023

The direction for the British Pound (often referred to as "GU" for GBP/USD in forex trading) is evidently leaning towards the downside. This trend seems to persist regardless of any statements or monetary policy decisions made by the Bank of England. Even if the central bank provides optimistic forecasts or positive economic outlooks, the market sentiment for the Pound appears to remain bearish. It's crucial for traders and investors to be aware of this prevailing trend and factor it into their strategies.