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GBP/USD Forecast: Pound Steady vs Dollar Despite Fed’s Hawkish Hold

January 31, 2025 – Written by Tim Boyer

The British Pound (GBP) was steady against the U.S. Dollar (USD) on Thursday, as the Federal Reserve’s latest interest rate decision failed to impact the pairing significantly.

At the time of writing, the Pound US Dollar (GBP/USD) exchange rate was trading at $1.2449, virtually unchanged on the day.

The Pound (GBP) saw muted movement on Thursday, holding steady against many of its peers amid a…
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