GBP/USD remains steady around 1.3325, hovering just below the 200-day Simple Moving Average (SMA) of 1.3329. The currency pair's resilience comes as market participants prepare for significant monetary policy announcements from both the Federal Reserve and the Bank of England in the coming weeks. The anticipation has helped stabilize the US Dollar across the G10 FX board, providing a mixed atmosphere for traders.
As investors weigh the potential outcomes of the Fed's decisions, the exchange rate for GBP/USD reflects cautious optimism. With both central banks poised for impactful statements, volatility may increase, prompting traders to closely monitor any shifts that could influence market sentiment and trading strategies in the near future.
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Data Source: FX Killer Analysis Team Updated: 2025-12-08 15:43
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.