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Home Markets Forex

GBP/USD sinks below 1.33 as UK fiscal woes deepen ahead of budget

October 28, 2025
in Forex
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GBP/USD sinks below 1.33 as UK fiscal woes deepen ahead of budget
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GBP/USD sinks listed below 1.33 as UK financial problems deepen ahead of budget plan

The GBP/USD dives more than 0.50% on Tuesday as market individuals absorbed news of the UK’s Workplace for Spending plan Duty (OBR), which prepare to cut performance, causing a substantial hole in the general public financial resources. The set toppled listed below 1.3300 for the very first time because mid-October. Find out more …

Pound Sterling decreases as UK store cost inflation agreements, Fed policy in focus

The Pound Sterling (GBP) trades lower versus its significant currency peers on Tuesday. The British currency deteriorates as firming Bank of England (BoE) dovish bets balance out the effect of enhanced worldwide market belief. Find out more …

1761669542 945 image

GBP/USD collects strength above 1.3350 on Fed rate cut hopes

The GBP/USD set make headway to near 1.3365 throughout the early European session on Tuesday. The United States Dollar (USD) deteriorates versus the Pound Sterling (GBP) in the middle of the expectation that the Federal Reserve ( Fed) will cut rates of interest in the financial policy statement on Wednesday. Find out more …

Source: FXstreet.

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