GBP/USD settles above 1.2250 amid positive market sentiment, UK and US inflation in sight
GBP/USD moved its trade pattern comfortably above 1.2250 as risk sentiment strengthened. The Federal Reserve is expected to ease the pace of interest rate hikes next week. A hawkish policy is expected from the Bank of England despite the recession in the UK. The GBP/USD is likely to accelerate its bull run as the RSI …