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GBP softens as USD gains despite easing Fed hike odds

GBP/USD inches lower after modest gains, trading around 1.3240 in Asian hours. The pair faces downward pressure as the US Dollar strengthens ahead of the US ISM Services PMI release.

Original · FXStreet AI summary of public reporting

Why: USD gains ahead of ISM Services PMI → pressure on GBP

GBP
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Prices since publication

At publication → Current
GBP1.324 → 1.324+0.0%
GBP softens as USD gains despite easing Fed hike odds | SignalHub