Pound Sterling Price News and Forecast: GBP/USD depreciates as the USD strengthens ahead PCE Index release

By: GBP/USD breaks below 1.3400 due to stronger US Dollar, BoE rate cut expectations GBP/USD extends its decline for a second straight session, hovering near 1.3390 during Wednesday’s Asian trading. The pair is under pressure as the US Dollar strengthens on renewed optimism surrounding US-China trade developments. Traders now turn their attention to the upcoming release…

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