The GBP/USD currency pair has strengthened during the early Asian session on Friday, rising to approximately 1.3480. This upward movement is largely driven by growing expectations of potential rate cuts from the US Federal Reserve this year, which have weighed on the US Dollar (USD) against the Pound Sterling (GBP).
As traders look ahead, comments from Philadelphia Fed President Anna Paulson, who is scheduled to speak over the weekend, could further influence market sentiment. Investors are closely monitoring the implications of a gradual policy path from the Bank of England (BoE) as they navigate the evolving exchange rate dynamics between GBP and USD.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2026-01-02 01:41
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.