AIRFOREXONE_

GBPUSD : The Bear Party Will continue

FX:GBPUSD   British Pound / U.S. Dollar
This is not a financial advise it's just my point of view , before continuing make sure to like and follow

fundamentally:

Slowing growth and slower rate hikes to be a recipe for a weaker pound over time
Should the BoE continue with less-hawkish actions, markets could reprice interest rates
BoE tone down of the language on interest rates
Downside risks mount for the UK amid surging cost of living crisis
Bailey bails out the bears by promising modest hikes
New health restrictions to trigger a downgrade to Q1 2022 growth forecasts
Rates to rise, but less than markets feared
Shortages in the UK economy begin to ‘bite’ in the manufacturing sector
Britain to face a winter of discontent
Supply-side issues are creating unwelcome price pressures
A high risk that the labour market underperforms
Supply is struggling to keep up, strong pricing pressures
The UK recovery has paused

Technically :

clean macro time frames showing a downtrend scenario

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