The GBP/USD pair has recorded its seventh consecutive day of gains on the hopes of a Federal Reserve rate cut. The British pound has been strengthening against the US dollar as investors anticipate a potential interest rate reduction by the Fed. This positive momentum has led to the GBP/USD pair climbing higher for the past week. Investors are closely monitoring the situation and waiting for any updates from the Federal Reserve regarding a possible rate cut. The market is reacting to these expectations, with the pound continuing its winning streak against the dollar.
Subscribe
Login
0 Comments