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GBP/USD traded near 1.3380 in early European trade on Friday, extending gains as markets digested the UK autumn budget. The pair remained below its 100-day SMA, and markets priced about 75% odds of a December US rate hike.
Sterling's modest recovery and the pricing of further Fed tightening shape the currency conditions for UK import costs and dollar-priced grain and oilseed trade, with limited direct price effect.
fxstreet.comLallalit SrijandornOct 30, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
