GBP/USD Price Forecast: Holds steady as US data leaves Fed rate cut uncertainty – FXStreet

The GBP/USD price forecast remains steady as recent US data has left uncertainty surrounding a potential Fed rate cut. The British pound to US dollar exchange rate has held its ground amidst this uncertainty. Traders are closely monitoring the situation as they await further developments. The market is keenly watching for any signals from the Federal Reserve that could shed light on the possibility of a rate cut in the near future. Overall, the GBP/USD pair is expected to continue trading within its current range until more clarity is provided by the Fed.