GBP/USD Price Forecast: Holds Steady As US Data Leaves Fed Rate Cut Uncertainty
September 06, 2024 at 13:05 PM EDT
The GBP/USD seesawed during the North American session as softer US jobs data increased. This kept investors uncertain of a 50—or 25-basis-point rate cut by the Fed at the September 17-18 meeting. The pair trades at 1.3172, virtually unchanged.
