GBP fate depends on BoE. Forecast as of 09.05.2024

The fact that the UK is also part of Europe, and European central banks cut rates without waiting for the Fed’s decisions, puts pressure on GBPUSD. Investors are waiting for tips from BoE officials. Let's discuss the Forex outlook and make up a trading plan.Daily Pound fundamental forecastDespite the rise of GBPUSD above 1.26 after the release of a weak US jobs report, selling the pair on growth turned out to be a very effective strategy. Many are getting rid of the pound on rumors that th