GBPUSD: Levels at around 1.1650 should now prove supportive – Credit Suisse GBPUSD UnitedKingdom Banks
mpact on the British Pound. Economists at Credit Suisse highlight the key technical levels to watch on Cable.“Tomorrow sees UK Chancellor Hunt release his Autumn Statement. A mixture of spending cuts and tax rises is expected to be announced. But in typical politician fashion, Hunt is likely to backload much of the projected fiscal tightening to 2025 and beyond, i.e., after the next general election due by Jan 2025.
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