GBP/USD Holds Steady Above 1.3700: Focus Shifts to US PCE Data
The GBP/USD currency pair maintains a strong position above 1.3700, trading near 1.3735 during Friday’s session. Market participants are closely monitoring comments on the Federal Reserve Chair, creating speculative trading opportunities. As the release of the US Personal Consumption Expenditures (PCE) data approaches, the potential impact on the US Dollar remains a key focus for investors. Understanding these economic signals will be crucial for making informed trading decisions in the volatile currency market.
