GBP/USD exhibits stability after achieving a 0.5% increase during the prior session, hovering around the 1.3500 level as trading begins on Wednesday. This steadiness comes amid broader expectations surrounding potential Federal Reserve rate cuts, significantly influenced by the latest US inflation data. The US Dollar (USD) appears vulnerable, which facilitates the continued appreciation of the British Pound. Market participants are closely watching this pair as the economic landscape evolves, indicating a substantial likelihood of further developments in the near term. Traders must remain alert to how these estimates shape their trading strategies.