Pound Sterling Price News and Forecast: GBP/USD slips as Fed decision, UK budget test Sterling bulls

FXStreet Team FXStreet

British Pound slips as Fed decision, UK budget test Sterling bulls

The Pound Sterling loses some ground against the US Dollar, drifting lower by some 0.22% as traders wait for the release of the Federal Reserve’s monetary policy decision on Tuesday and Wednesday and also brace for the release of the UK’s Autumn Budget. The GBP/USD trades at 1.3342. Read More...

British Pound retreats further, US Dollar picks up with the Fed in the spotlight

The British Pound (GBP) extends its reversal from the five-week highs reached against the US Dollar (USD) last week, as investors trim USD short positions ahead of the Federal Reserve’s (Fed) monetary policy meeting, due on Wednesday. The GBP/USD pair hits session lows just below 1.3350, on Monday about 0.5% below last week’s peak, at 1.3419. Read More...

GBP/USD Price Forecast: Needs decisive break above 1.3420 for fresh upside leg

The British Pound (GBP) gives back its early gains and flattens at around 1.3373 against the US Dollar (USD) during the European trading session on Monday. The GBP/USD pair flattens as the US Dollar recovers some of its early losses. Read More...

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