Shorting Rallies in the GBPUSD, Here is Why!
Shorting Rallies in the GBPUSD, Here is Why!
Richard Matthews from Pardus FX meets with Blake Morrow to discuss the #forex market this week as we turn our attention to the FOMC.
Richard thinks the #EURUSD pair will continue to fall and the USD will rally as the FOMC is keen to continue to fight inflation.
He also thinks that if the inflation rate in the UK will continue into the “teens” that the #BOE will not be able to raise rates fast enough to keep up with inflationary pressures. He also thinks Liz Truss may be the next PM of the UK.
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