GBP/USD recovery stalls above 1.3450 with all eyes on the Fed
The Pound loses steam with the US Dollar steady ahead of the Fed. UK CPI figures reveal steady inflationary pressures in May. The Fed statement and the economic and interest rate projections are likely to increase USD volatility later today. British Pound’s recovery attempts from Tuesday’s lows near 1.3400 have stalled about 50 pips higher … Read more