GBP/USD to Shed August Rebound on Hawkish Fed Rate Decision

With market attention turning to the Federal Open Market Committee’s (FOMC) September 21 interest-rate decision, GBP/USD stands at risk of giving back the rebound from the August low (1.2854) should the fresh batch of central bank rhetoric boost expectations for a 2016 rate-hike.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/forecast/weekly/gbp/2016/09/16/GBPUSD-to-Shed-August-Rebound-on-Hawkish-Fed-Rate-Decision-tofDS.html?DFXfeeds=forex:fundamental:forecast:weekly:gbp