British Pound Outlook: GBP/USD Clears May Low Ahead Of BoE
June 18, 2021 at 15:28 PM EDT
GBP/USD clears the May low (1.3801) as the Federal Reserve forecasts two rate hikes for 2023, and the Bank of England interest rate decision may do little to sway the exchange rate as the central bank is widely expected to retain the current course.