GBP/USD hangs near multi-week low, below 1.3100 as traders await FOMC minutes – FXStreet

GBP/USD on Wednesday is attracting new sellers and is under pressure due to various factors. Sterling continues to be weighed down by dovish comments from Bank of England Governor Bailey last week. The reduction in bets on a big Fed rate cut is supporting the dollar and contributing to its decline. The GBP/USD pair is […]