♦️The pound#sterlingrose to $1.28, near a four-week high, as investors awaited key economic data and central bank meetings.
👈🏻UK data due out next Friday is expected to show a rebound in the economy and a rebound in manufacturing for October.
⏳Interest rate expectations:-
The Bank of England is expected to keep interest rates unchanged at its meeting scheduled for December 19.
🕒Meanwhile, in the United States, markets are bracing for inflation data and have largely priced in a 0.25% rate cut by the Federal Reserve next week. Investors are also focusing on the European Central Bank meeting on Thursday, where a 0.25% rate cut is expected, lowering the ECB's deposit rate to 3%.
#ارتفع British pound
#توقعات Interest rate