GBP/USD Price Outlook: Pound on the Back Foot vs the Dollar

GBP/USD Price Outlook: Pound on the Back Foot vs the Dollar https://www.dailyfx.com/forex/market_alert/2022/03/28/GBPUSD-Price-Outlook-Pound-on-the-Back-Foot-vs-the-Dollar-RS.html The pound appears vulnerable against the dollar as CFTC data reveals increasing short sentiment. Rate hike bets for the Fed outweigh the BoE – bullish USD

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DailyFX - Market News FX

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OCBC Bank has revised its Gold forecasts higher to USD5,600/oz by end-2026, up from USD4,800/oz, reflecting recent price increases and persistent structural demand.

CAD: Bank of Canada maintains on-hold bias – BBH 28 January 2026

The Bank of Canada (BOC) is expected to keep its policy rate unchanged at 2.25% for the second consecutive meeting.

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The Bank of Canada (BoC) is widely expected to leave its benchmark rate unchanged at 2.25% at Wednesday’s meeting, extending the pause it signalled back in December.

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Gold hits fresh record highs near $5,300 as markets await Fed interest rate decision 28 January 2026

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Pound Sterling Price News and Forecast: GBP/USD retreats to 1.3780 area with markets bracing 28 January 2026

The Pound is trimming gains against the US Dollar on Wednesday, trading a few pips above 1.3780 at the time of writing, down from its highest levels in more than 4 years, at 1.3868.

CAD: Interest rate stability expected – Commerzbank 28 January 2026

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USD: President Trump gives thumbs up – BBH 28 January 2026

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GBP/USD Price Outlook: Pound on the Back Foot vs the Dollar

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