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fxJul 30, 2026, 9:39 AM

Fiscal concerns may weigh on sterling, says Rabobank

Rabobank's Jane Foley sees GBP/USD trading around 1.32-1.33 over the next one to three months as fiscal concerns weigh on the British pound.

GBPUSD

Rabobank Senior FX Strategist Jane Foley highlighted that fiscal concerns may continue to weigh on the British pound.

Her comment came after the Federal Reserve’s latest decision and ahead of the Bank of England’s upcoming meeting. Foley expects GBP/USD to trade around 1.32–1.33 in the one-to-three-month horizon.

Source: FXStreet Forex News