Pound to Dollar Forecast Today: GBP Rangebound vs USD ahead of FED Rate Decision

Pound to Dollar Forecast Today: GBP Rangebound vs USD ahead of FED Rate Decision

January 30, 2025 – Written by Frank Davies

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The Pound Sterling (GBP) mainly traded flat against the U.S. Dollar on Wednesday as investors awaited the Federal Reserve’s latest interest rate meeting.

At the time of writing, Pound US Dollar exchange rate (GBP/USD) was trading at approximately $1.2422, virtually unchanged from the start of Wednesday’s session.

On Wednesday, the US Dollar (USD) remained…
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