# GBP/USD Week Ahead Forecast: Recovery Splutters as Fed and BoE Loom

> A preview of the week ahead says the pound's recovery against the dollar may stall before the Federal Reserve and Bank of England rate decisions. Analysts see the Fed possibly hinting at a slower pace of hikes, although they doubt it will welcome looser financial conditions.

- Date: 2022-10-31 · published 2022-10-31T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/39398-gbp-usd-week-ahead-forecast-recovery-splutters-as-fed-and-boe-loom
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Expectations for Fed policy drive the dollar, and a stronger dollar makes US commodity exports more expensive for overseas buyers.

## Read by commodity

- DXY: neutral
- GBPUSD: neutral

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/usd/17722-pound-to-dollar-week-ahead-forecast-recovery-splutters-as-fed-and-boe-loom

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.