GBP/USD remains stable above the mid-1.3500s before UK CPI and Fed/BoE policy meetings
GBP/USD is likely to remain within a tight range on Tuesday amidst various signals. Expectations of a rate cut from the BOE are putting pressure on the GBP, limiting any upward movement as the USD sees a modest uptick. Dovish sentiment from the Fed is keeping USD Bulls cautious, which, in turn, supports the major […]
British Pound rises slightly against US Dollar during Fed-BoE monetary policy week – FXStreet
Pound Sterling is projected to rise against the US dollar just before the Federal Reserve and Bank of England’s monetary policy announcements later this week. The Federal Reserve is likely to maintain interest rates, while the Bank of England is expected to reduce borrowing costs by 25 basis points. Ongoing uncertainties in US-China trade relations […]