RSS Pound on Track Become Strongest Currency on Forex. Forecast as of 12.12.2024

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 RSS Pound on Track Become Strongest Currency on Forex. Forecast as of 12.12.2024

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In 2024, the political landscape has notably influenced the foreign exchange market. The victory of the Labour Party in the UK general election was a key factor in the pound's strength. The US dollar benefited from the Trump trade, while the euro was harmed by the political crisis in Europe. Let's discuss these topics and make a trading plan for the GBPUSD pair. Major Takeaways The Fed and BoE monetary expansion allows the GBPUSD pair to consolidate. The pound retains its chances to become the best currency on Forex in 2024. The pound's trajectory will be determined after the ECB... Read full author’s opinion and review in blog of #LiteFinance
 
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