GBP/USD Forecast: Bull Lacking Momentum at 1.35 Ahead of Fed

my GBP/USD forecast

The GBP/USD forecast remains subdued as UK PMI data signals slowing growth. Fiscal deterioration and rising gilt yields weigh heavily on Sterling sentiment. The Fed’s hawkish tilt offsets the recent rate cut, supporting the dollar against the GBP. The British pound came under renewed selling pressure on Tuesday after the UK PMI for September came…

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