GBP/USD Climbs Above 1.3350 Amid Concerns Over Fed Independence
The GBP/USD pair finds itself in a positive trend, trading around 1.3370 in early Asian trading on Tuesday. Concerns surrounding a potential slowdown in the U.S. economy, coupled with fears regarding the independence of the Federal Reserve, have led to a weakened US Dollar (USD), providing support for the GBP/USD exchange rate.