GBP/USD gathers strength above 1.3450 on Fed rate cut bets, BoE’s gradual policy path

GBP/USD gathers strength above 1.3450 on Fed rate cut bets, BoE’s gradual policy path

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The GBP/USD pair gathers strength to around 1.3480 during the early Asian session on Friday. Expectations of the US Federal Reserve (Fed) rate cuts this year weigh on the US Dollar (USD) against the Pound Sterling (GBP). Philadelphia Fed President Anna Paulson is set to speak later on the weekend. …
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