Sterling Surges as Fed Easing Bets Grow and BoE Signals Caution: GBP/USD Near Multi-Month Peaks
GBP/USD holds firm near 1.2800 as markets price in Fed easing bets while the Bank of England maintains caution. Diverging monetary policies and resilient UK data support sterling gains amid softer US economic signals. Traders eye further upside as positionings tilt bullish.
