Pound US Dollar Exchange Rate Forecast: GBP Strengthens amid Upbeat Market Mood

  • Looking ahead to Tuesday's session, the GBP/USD exchange rate is likely to be driven by a speech by Jerome Powell, amid a continued lack of economic releases from the US and UK. Should the Fed's chair comment on the current situation with Donald Trump, or indeed hint at a dovish downturn in US monetary policy, the ‘Greenback' will.