Gold Research

British Pound languishes near late July lows as hawkish Fed underpins USD ahead of BoE

The GBP/USD pair enters a bearish consolidation phase during the Asian session on Thursday and currently trades around the 1.3380-1.3375 region, near the…

The GBP/USD pair enters a bearish consolidation phase during the Asian session on Thursday and currently trades around the 1.3380-1.3375 region, near the lowest level since July 30.

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

  • Source: FXStreet news
  • 2026-09-17
  • rates

Topics: gold news, gold price impact, rates

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