GBP/USD Forecast: Slips Below 200-Day EMA as Fed Takes the Spotlight – 29 October 2025
GBP/USD reversed sharply on Tuesday, breaking below the 200-day EMA, with downside risks growing toward 1.32 and 1.3150 as Fed policy takes center stage.

GBP/USD reversed sharply on Tuesday, breaking below the 200-day EMA, with downside risks growing toward 1.32 and 1.3150 as Fed policy takes center stage.
The EUR/USD pair trades with a modest bearish bias on Wednesday, hovering around the 1.1630 level early in the American session. There’s little going on around financial markets ahead of central banks’ monetary policy decisions, starting with the Bank of Canada (BoC) and the Federal Reserve (Fed).
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