Pound Sterling Price News and Forecast: GBP/USD stabilizes as US Dollar eases, traders await Fed minutes

FXStreet Team FXStreet

GBP/USD stabilizes as US Dollar eases, traders await Fed minutes

GBP/USD recovers ground on Wednesday as the US Dollar (USD) trims some of its earlier gains amid a scarce economic docket on both sides of the Atlantic. At the time of writing, the pair trades at 1.3425, up 0.08%. Read More...

Pound Sterling weakens against US Dollar, investors await FOMC minutes

The Pound Sterling (GBP) seems fragile near 1.3400 against the US Dollar (USD) during the late European trading session on Wednesday. The GBP/USD pair faces selling pressure as the US Dollar (USD) outperforms its major currency peers despite the United States (US) government entering its second week of shutdown. Read More...

GBP/USD loses momentum below 1.3400, BoE Pill's speech and FOMC Minutes in focus

The GBP/USD pair loses ground near 1.3390 during the early European session on Wednesday. The Pound Sterling (GBP) edges lower against the Greenback amid rising expectations that the Bank of England (BoE) will cut interest rates one more time in the remainder of the year. Read More...

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