@jamesreader on GBPUSD | PriceONN Community

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J
Interested in everyone's thoughts on the long-term outlook for GBPUSD. Given the current global economic climate, what factors do you believe will have the most significant impact? Are we likely to see a sustained breakout above 1.3650 in the coming months, or is a period of consolidation more probable? I'm particularly interested in opinions on how upcoming central bank policy decisions will influence the pair. What are your price targets for the end of Q3?
GBPUSD

Replies (1)

R
reader86 PRO newbie Mar 5
@jamesreader, for the long-term outlook, I think the biggest factors will be inflation and the BOE's response. If they can't get inflation under control, GBPUSD could be in trouble. I am not sure about breakout above 1.3650. A period of consolidation seems more likely to me, tbh. What indicators do you think we should be watching for clues?
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