Pound Sterling Price News and Forecast: GBP/USD steadies near 1.2950
Portfolio Pulse from
The GBP/USD exchange rate remains steady around 1.2950, influenced by the latest US Personal Consumption Expenditure (PCE) inflation data and ongoing trade uncertainty following Trump's car tariffs. Traders are closely monitoring economic indicators and potential geopolitical developments.
March 28, 2025 | 4:00 pm
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NEUTRAL IMPACT
The US Dollar index ETF may experience slight volatility following the release of February's Personal Consumption Expenditure Price Index, which provides insights into inflation trends.
PCE data directly impacts USD valuation, potentially affecting UUP's performance. Neutral short-term outlook due to balanced inflation indicators.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50