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The Fed Rate Cut Just Created a Buying Opportunity in This 1 Commodity
Yahoo Finance·2025-09-18 15:23

December British pound (B6Z25) futures present a buying opportunity on more price strength. See on the daily bar chart for the December British pound futures that prices this week hit a 2.5-month high and are trending up. The bulls have the firm near-term technical advantage, to suggest more price upside in the near term. More News from Barchart Fundamentally, this week’s Federal Reserve interest rate cut is bullish for the British pound and bearish for the U.S. dollar. Recent U.S. economic data has sho ...