GBP/USD Weekly Forecast: Bears Lack Steam Below 1.39 Despite Upbeat NFP
August 08, 2021 at 13:58 PM EDT
The GBP/USD forecast has resisted statements by Fed officials, strong US labor results, and BOE caution to stay at the 1.3872 level. Instead, the pair has shown surprising strength, and investors still wait for the reaction to next week's events.