BoE and FOMC Could Spark Fresh Selling in Cable – Forex Factory

The Bank of England (BoE) and the Federal Open Market Committee (FOMC) meetings could potentially lead to a new wave of selling in the British pound (GBP) against the US dollar (USD). Investors are closely watching these central banks’ decisions, which could impact the currency pair known as Cable in the forex market. Traders should be prepared for potential volatility and adjust their strategies accordingly. It is important to stay informed about the latest developments and market trends in order to make well-informed trading decisions.