GBP/USD a critical watch on BoE and Fed week - NewsBreak

GBP/USD awaits the outcome of this week's crucial central bank meetings. GBP/USD holds above 200 EMA despite firmer US dollar. It is a critical week for GBP/USD traders as we have both the Bank of England and the Federal Reserve central bank meetings. At the time of writing, GBP/USD is moving sideways in a consolidated market, hugging a bullish 200 EMA channel, albeit pressured by a firm US dollar as investors survey the conditions of the market's risk profile.