The GBP/USD rate tracks the price of the British pound, the base currency, against the US dollar, the counter currency. It is often referred to as 'cable' and is one of the major FX currency pairs. Monetary policy announcements of both the Bank of England and the US Federal Reserve will have an influence on this currency pair as well as the respective country's interest rates.
Gold has long been considered a safe-haven asset in times of economic uncertainty, and with 2025 already marked by central bank pivots, shifting inflation pressures, and geopolitical tension, the metal remains high-profile in trading circles.
18:08, 23 June 2025
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