Despite the Fed's interest rate reduction from 4.75% to 4.5%, the Bank of England will likely keep the rate unchanged at 4.75%. This has resulted in higher borrowing costs for Britain compared to other G10 countries. Will the pound appreciate in value? Let's discuss this topic and make a trading plan for the GBPUSD pair. Major Takeaways The Bank of England intends to leave the repo rate at 4.75%. The BoE wants to support the economy, but inflation and wages are preventing it. The US economy is stronger than its UK counterpart. Short trades on the GBPUSD pair can be... Read full author’s opinion and review in blog of #LiteFinance