Bank of America sees GBP/USD frozen ahead of UK Budget

Investing.comMonday, October 20, 2025 at 10:08:31 AM
Bank of America sees GBP/USD frozen ahead of UK Budget
Bank of America has indicated that the GBP/USD exchange rate is likely to remain stable as the UK prepares for its upcoming budget announcement. This stability is significant as it reflects market anticipation and uncertainty surrounding potential economic policies that could impact the currency's value. Investors and traders are closely watching these developments, as they could influence trading strategies and economic forecasts.
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