GBP/USD Price Analysis: Consolidating Gains Under 6-Month Peak Ahed of FOMC

The GBP/USD price analysis suggests a bullish pound amid the data divergence between the US and the UK economies. Higher UK inflation could restrain the BoE from hikes at the Feb meeting, while the Fed’s two rate cuts are already priced in by the markets. Traders are focusing on the FOMC meeting, with attention on…

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