Economic data

British Pound edges lower below 1.3350 ahead of UK budget, Fed rate decision

FXStreet27 October 2026, 06:50 UTCUnited Kingdom

The GBP/USD pair declines to near 1.3335 during the early European trading hours on Tuesday. Traders prefer to wait on the sidelines and avoid taking big positions ahead of the UK Autumn Budget and US Federal Reserve (Fed) interest rate decision on Wednesday.

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Annual Budget ReleaseEconomic dataUnited Kingdom28 October 2026, 12:30 UTC
Autumn Forecast StatementEconomic dataUnited Kingdom28 October 2026, 12:30 UTC

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