GBP/USD dips toward the mid-1.3200s, with limited downside expected before the BoE meeting this week
GBP/USD begins the week on a weaker note, as recent USD sales following the NFP report seem to have diminished. Fears regarding potential Fed rate cuts in September and maintaining central bank independence could limit the US dollar’s strength. Before the significant BOE policy meeting on Thursday, traders might avoid making bold moves. The GBP/USD […]
GBP/USD holds steady above the mid-1.3200s as traders pause before the Bank of England meeting this week – FXStreet
GBP/USD is finding it tough to make significant progress as a new week begins. Rising expectations for aggressive Fed rate cuts are bolstering the dollar, affecting the pairing. GBP bulls seem hesitant ahead of Thursday’s Bank of England (BOE) policy meeting. The GBP/USD pair opens the week on a cautious note, trading within a narrow […]