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GBP/USD braced to move as markets await UK Chancellor speech
The GBP/USD is close to session lows just now as the UK Chancellor is soon about to address the UK parliament and revealing the details of her eagerly awaited Spring statement. There are many questions marks concerning what she might have to offer the markets in terms of how much h she will cut public spending. On the immediate face of it there is not much in the way of any kind of a positive outcome in all this. The GBP/USD is likely to be quite volatile over the next hour, but much will depend on what is delivered from Rachel Reeves shortly. The GBP/USD is currently trading at 1.2898
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