Pound Sterling Price News and Forecast: GBP/USD drops below 1.3100 as Fed large rate cut odds wane
FXStreetGBP/USD Price Forecast: Drops below 1.3100 as Fed large rate cut odds wane The GBP/USD begins the North American session down by over 0.30% on Monday as traders trim the chances of a 50-basis point Fed interest rate cut in ten days.