GBP/USD Analysis: Nears 2024 High On Fed Cut By: TalkMarkets September 17, 2024 at 10:23 AM EDT The GBP/USD exchange rate could test its 2024 high of 1.3250 if the Federal Reserve cuts US interest rates by 50 basis points this week. Read More >> Related Stocks: Invesco CurrencyShares British Pound Sterling Trust Invesco DB USD Index Bullish Fund ETF