Pound Extends Rally as UK Inflation Cools. Forecast as of 17.04.2025

When the global economy faces major changes, investors tend to shift their focus away from central banks. Meanwhile, financial regulators worldwide have to decide whether to curb inflation or save the economy. Let's discuss this topic and make a trading plan for the GBPUSD pair.Major Takeaways US tariffs and tax hikes will slow UK GDP. UK inflation remains at high levels. Capital flight is putting pressure on the US dollar. Long trades on the GBPUSD pair can be opened with targets at 1.35 and 1.