GBP/USD Stabilizes Above 1.35 as Fed’s Pivot Eases UK Fiscal Pressures: Sterling’s Resilient Rally Amid US Rate Outlook Shift
Sterling holds firm above 1.35 against the US dollar as Fed signals a pivot, easing dollar strength and offering relief amidst UK fiscal pressures. While the Bank of England navigates inflation risks and debt concerns persist, the GBP/USD outlook hinges on the delicate balance between UK fiscal discipline and evolving US monetary policy.
