GBP/USD firms as dovish repricing for Fed and BoE boosts upside momentum
The Pound Sterling (GBP) advances during the North American session on Wednesday as the US Dollar (USD) weakens on the expectation that the Federal Reserve (Fed) will cut rates later in the day. At the time of writing, GBP/USD trades at 1.3336 after bouncing off daily lows of 1.3296.
The Pound Sterling (GBP) advances during the North American session on Wednesday as the US Dollar (USD) weakens on the expectation that the Federal Reserve (Fed) will cut rates later in the day. At the time of writing, GBP/USD trades at 1.3336 after bouncing off daily lows of 1.3296.
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