The GBP/USD currency pair is holding steady around the 1.3245 mark during the Asian trading session on Monday, reflecting a stable exchange rate as traders assess the implications of the UK’s Autumn Budget. This financial update seems to be providing some relief to market participants, contributing to the pair’s current position.
Market sentiment suggests that potential downward pressure on the GBP/USD may be mitigated by increasing expectations of a Federal Reserve interest rate cut in December. As traders weigh these factors, the interplay between UK economic policies and U.S. monetary policy decisions will likely continue to shape trading patterns, influencing the broader forex landscape.
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Data Source: FX Killer Analysis Team Updated: 2025-12-01 04:49
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.