GBP/USD Outlook: Dollar Softens as Fed Hike Odds Decline

<p>There was a drop in US interest rate expectations and Treasury yields. The pound remained close to last week’s 1-1/2 week high. Investors are factoring in one more BOE rate increase in 2024. Tuesday’s GBP/USD outlook is bullish as the dollar weakened amid a drop in US interest rate expectations and Treasury yields. This shift…</p>
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