The Pound Sterling (GBP) has gained 0.16% against the US Dollar (USD), trading near the 1.3320 level during Wednesday's European session. This upward movement in the GBP/USD currency pair comes as traders exercise caution ahead of the Federal Reserve's monetary policy decision, set to be announced at 19:00 GMT.
The slight decline of the USD has contributed to the Pound's rise, reflecting market sentiment as investors speculate on the Fed's potential actions. With the exchange rate fluctuating amid these expectations, traders are closely monitoring any signals that could impact future trading dynamics between the GBP and USD.
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Data Source: FX Killer Analysis Team Updated: 2025-12-10 11:41
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.