Trade The World
GBP/USD is flat ahead of Wednesday’s budget – Scotiabank
By FXStreet Insights Team
Date Published: 24 Nov 2025 | Date Modified: 24 Nov 2025
POPULAR ARTICLES
The Pound Sterling (GBP) is entering Monday’s NA session flat against the US Dollar (USD) as it attempts to consolidate its modest recovery from last week’s low, Scotiabank's FX strategists Shaun Osborne and Eric Theoret report.
The Pound Sterling (GBP) is entering Monday’s NA session flat against the US Dollar (USD) as it attempts to consolidate its modest recovery from last week’s low, Scotiabank's FX strategists Shaun Osborne and Eric Theoret report.
UK/US yield spreads have recovered
"Domestic risk is elevated as we look to the release of the government’s latest budget, scheduled for Wednesday. There are no major data releases scheduled for this week, and the BoE calendar includes two speaking engagements from doves Greene and Dhingra."
"UK/US yield spreads have recovered following their pullback from late October, offering the GBP some support through its month-to-date stabilization above 1.30."
FXStreet
More than a million users rely on FXStreet for real-time market data, charting tools, expert insights, and forex news. Its comprehensive economic calendar and educational webinars help traders stay informed and make calculated decisions. FXStreet is supported by a team of about 60 professionals, split between the Barcelona headquarters and various global regions.
Read More
