GBPCAD still on trend

Further interest rate hikes are likely to further worsen a struggling economy, but concerns continue to rise that the Bank of England is taking too much risk in taking action and exposing the UK economy to further inflation. There is.

On the U.S. side, investors are hoping and pleading that the Fed will move into a rate-cutting cycle sooner rather than later, but with the economy stable and downside risks limited, the Fed will continue to hold interest rates for longer periods of time. It will be maintained at a high standard.