Pound Sterling Price News and Forecast: GBP/USD climbs as Bessent softens US stance, Powell’s dovish tilt | FXStreet

GBP/USD has snapped a two-day losing streak, managing to pierce the 1.3400 barrier, but losing momentum afterwards. Cable’s recovery comes amid renewed selling pressure on the US Dollar. Looking ahead, Cable will likely take its cue from upcoming comments by policymakers from both the Federal Reserve and the BoE.