GBP/USD

About 9.5% of daily trades. Referred to as “Cable,” it’s volatile but widely traded due to the strength of the UK and U.S. economies

GBP/USD

GBP/USD Clings to Gains as Fed Eases and BoE Cautions Boost Sterling**

GBP/USD trades firm as Federal Reserve easing bets gain traction amid softer US inflation data, while Bank of England’s cautious stance supports Sterling. Market pricing reflects anticipation of divergent policy paths, bolstering GBP against USD despite ongoing uncertainties. Key resistance near 1.2750 remains in focus.

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