GBP/USD Forecast: Pound a long way from a rebound on BOE's recession warning

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GBP/USD Forecast: Pound a long way from a rebound on BOE's recession warning
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$GBPUSD Forecast: Pound a long way from a rebound on BOE's recession warning by eren_fxstreet forex trading

to stage a steady rebound in the near term after the Bank of England's dire recession warning on Thursday.

In case safe-haven flows start dominating the markets in the second half of the day, the pair could test 1.2300 and extend its slide toward 1.2275 and 1.2250 . If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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