Pound US Dollar Exchange Rate Forecast: GBP/USD Price Pauses as FED, BOE Ahead

  • Looking past the Fed rate decision to the second half of the week, movement in the Pound to US Dollar exchange rate will undoubtedly be driven by the Bank of England's (BoE) own interest rate decision. The BoE is widely expected to announce a 25bps interest rate cut when it concludes its latest meeting on Thursday afternoon.