Pound Benefits from BoE's Forward Guidance. Forecast as of 30.07.2026
While Kevin Warsh has left the US dollar without a clear direction, the Bank of England's continued hawkish rhetoric is giving the pound a clearer path forward. Let's examine the situation and develop a trading plan on the GBP/USD pair.Major Takeaways The Bank of England intends to keep the repo rate unchanged. The BoE's forward guidance supports the pound. Geopolitical risks are not weighing on sterling. If the GPB/USD pair exceeds 1.3385, long trades can be opened.Fundamental Forecast for Poun