GBP/USD hovers around $1.53

Source: WBP Online
The currency pair consolidated steep losses following the Federal Reserve's announcement that renewed speculations of an interest rate increase in December. The British Pound dropped to $1.53, unable to resist against the stronger US Dollar and stuck at 60 pips from the start of the week. On Thursday, the Cable was 0.02% up at $1.5265.

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