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12 other outlets reported this story in the last 3 days.
Explore our GBP/USD Forecast as sterling tests 1.32. Compare Fed and BoE policy, pound to dollar scenarios, key price levels and the risks of forex CFD trading.
Rising Treasury yields and Fed hike expectations support DXY as EUR/USD remains pressured, while higher UK inflation expectations support sterling.
Fed hike bets ease ahead of PCE, but elevated Treasury yields support DXY as EUR/USD and GBP/USD remain under pressure.