The GBP/USD currency pair remains stable at 1.3230 as traders analyze the UK's Autumn Budget. The market's reaction comes amid limited trading liquidity, particularly with US markets closed for the Thanksgiving holiday. This stability suggests that the budget announcement has managed to offset some of the downward pressure typically exerted by the strengthening US Dollar.
As market participants navigate this period of thin trading, the exchange rate reflects a cautious sentiment. The absence of major US economic data further contributes to the subdued market activity. Analysts will be closely monitoring how the budgetary measures impact the UK's economic outlook and, subsequently, the future movements of the GBP/USD exchange rate.
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Data Source: FX Killer Analysis Team Updated: 2025-11-27 15:42
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.