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GBP/USD Forecast: Dollar Dips after Inflation Data, 30-Year Bond Auction Next

Summary by bipns.com
June 11, 2025 – Written by Frank Davies STORY LINK GBP/USD Forecast: Dollar Dips after Inflation Data, 30-Year Bond Auction Next The US Dollar dipped sharply following the weaker-than-expected US inflation data. The Pound to Dollar exchange rate (GBP/USD) jumped to 1.3550 before a retreat to 1.3525. Key resistance remains towards 1.3600 with doubts whether the Pound can secure sufficient momentum. According to UoB GBP/USD is vulnerable to a slid…
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currencynews.co.uk broke the news in on Wednesday, June 11, 2025.
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