The GBP/USD currency pair is experiencing a quiet session, trading flat at approximately 1.3088 as market participants adopt a cautious stance ahead of critical economic announcements. With the UK budget on the horizon and a shortened trading week due to the upcoming Thanksgiving holiday in the US, traders are bracing for potential volatility.
As anticipation builds, the focus remains on the implications of the UK budget and forthcoming US economic data, which could significantly impact the exchange rate. The subdued movement in GBP/USD reflects the market's wait-and-see attitude, with traders weighing potential shifts in fiscal policy against the backdrop of broader economic indicators.
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Data Source: FX Killer Analysis Team Updated: 2025-11-24 15:44
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.