Pound Sterling Price News and Forecast: GBP/USD receives support as the Fed is expected to cut rates in Sept

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  Posted by Two Blokes Jun 30 - Filed in Forex - 4 views
  
  GBP/USD inches higher ahead of the United Kingdom's (UK) Gross Domestic Product for the first quarter, trading around 1.3720 during the Asian hours on Monday. The pair may gain ground as the US Dollar (USD) may further depreciate, as traders expect the Federal Reserve (Fed) to cut rates at the September meeting.