Fundamental analysis
Review of the GBP/USD Pair. July 31. Market Reaction to the Bank of England Meeting: Poker Face
The GBP/USD currency pair also exhibited
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31.07.2026 04:03 AM
The GBP/USD currency pair also exhibited impressive growth on Wednesday evening and Thursday. In the article about EUR/USD, we thoroughly analyzed the FOMC meeting and concluded that the market is gradually becoming disillusioned with Kevin Warsh’s ability to raise the key rate. Thus, the fall of the American currency does not surprise us. Moreover, regardless of the monetary policies of the Federal Reserve or the Bank of England, we believe that the British pound will continue to appreciate.Two technical factors
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