GBP/USD sinks below 1.32 as Powell’s “hawkish cut” strengthens Dollar
Published 1 week ago
Oct 30, 2025 at 3:12 PM
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GBP/USD extended its losses for the third straight day, dives over 0.25% as traders push the exchange rate below the 1.3200 handle, following the Fed “hawkish” rate cut as the Chairman Jerome Powell poured cold water of a reduction in the December’s meeting.