Skip to content
Back to Guavy Wire
Forex

GBP Tumbles on Warsh Comments, Rate Hike Fears

Instruments
USD GBP
Share

The Pound Sterling (GBP) took a hit against the US Dollar (USD) on Friday as Federal Reserve Chair Kevin Warsh emphasized inflation as the Fed's top priority, increasing the likelihood of an interest rate hike next month.

This development sent the GBP/USD pair tumbling to 1.3538, down 0.40% from previous levels.

Despite a brief rebound on Friday morning, traders remained cautious as Warsh's comments revived expectations for a Fed rate hike, pushing back against earlier bets that interest rates would remain low.

More on Forex

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc