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GBP/USD holds near 1.3500 amidst market uncertainty

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The GBP/USD pair is trading in positive territory around 1.3490 during early European trading hours on Thursday, thanks to a weaker US Dollar.

Traders are awaiting the Bank of England (BoE) Governor Andrew Bailey's speech and US August jobs data later on Friday for fresh impetus.

In recent developments, Federal Reserve Chair Kevin Warsh delivered unexpectedly hawkish remarks at the Jackson Hole meeting last week, boosting market expectations for a rate hike next month.

Warsh pledged to return inflation to the 2% target and indicated rates could rise further.

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