The GBP/USD pair has recorded its seventh consecutive day of gains as hopes for a Federal Reserve interest rate cut continue to drive markets. This winning streak comes as investors bet on the possibility of the Fed lowering interest rates to stimulate economic growth. The British pound has been strengthening against the US dollar, with the pair reaching new highs during this winning streak. Traders are closely monitoring any news or hints from the Federal Reserve regarding a potential rate cut, which could further boost the GBP/USD pair.
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