British pound forecasted to bounce back versus US dollar
- Written by: Will Peters
-
Martin Smith at UFXMarkets tells us what to expect from the markets in his daily market update video.
Highlights of today's market update:
- The focus is on the US Fed's FOMC economic projections
- Euro advances against the US dollar
- US dollar predicted to trade mixed ahead of FOMC
- EUR-USD is bullish but strong resistance ahead
- Pound drops versus Dollar on CPI
- BUT pound predicted to climb against the US dollar from here.