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Pound Sterling Price News and Forecast: GBP/USD consolidates at around 1.3000 due to soft US Dollar

Started by forex4you, Oct 30, 2024, 05:16 am

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Oct 30, 2024, 05:16 am
Pound Sterling Price News and Forecast: GBP/USD consolidates at around 1.3000 due to soft US Dollar

GBP/USD Price Forecast: Consolidates at around 1.3000 due to soft US Dollar The Pound Sterling climbed past 1.3000 for the first time in five days after a US jobs report increased the chances that the Federal Reserve (Fed) would cut rates at the last two meetings in 2024.

Source: Pound Sterling Price News and Forecast: GBP/USD consolidates at around 1.3000 due to soft US Dollar
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