GBP/USD displayed limited volatility on Monday, hovering just above the 1.3300 mark as traders positioned themselves ahead of significant central bank announcements. The currency pair's lack of momentum highlights the market's cautious sentiment, with investors closely monitoring potential shifts in monetary policy that could influence the exchange rate in the near term.
As the week progresses, market participants are likely to remain vigilant, assessing both U.S. and U.K. economic indicators that may impact the USD and GBP. The currency pair's trading range around the 1.3300 level suggests a period of consolidation, with any decisive moves likely hinging on forthcoming remarks from central bank officials that could steer the trajectory of the GBP/USD exchange rate.
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Data Source: FX Killer Analysis Team Updated: 2025-12-09 04:01
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.