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Pound Sterling Price News and Forecast: GBP/USD climbs above 1.3100 as Fed rate cut speculation intensifies

Started by forex4you, Sep 15, 2024, 07:13 pm

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Pound Sterling Price News and Forecast: GBP/USD climbs above 1.3100 as Fed rate cut speculation intensifies

GBP/USD Price Forecast: Climbs above 1.3100 as Fed rate cut speculation intensifies The GBP/USD edges higher during the North American session, registering gains of over 0.18%, due to increasing expectations that the US Federal Reserve could cut rates by 50 basis points next week.

Source: Pound Sterling Price News and Forecast: GBP/USD climbs above 1.3100 as Fed rate cut speculation intensifies
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