GBP/USD holds positive ground above 1.3550 as potential Fed rate cut looms

The GBP/USD pair posts modest gains near 1.3555 during the early Asian session on Monday. Traders expect the US Federal Reserve (Fed) to deliver its first rate cut of the year at its policy meeting on Wednesday, which might weigh on the US Dollar (USD).
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New round of US-China talks head into second day focused on trade, TikTok

The United States (US) and Chinese representatives discussed TikTok, trade and the economy during a day of high-level talks in Madrid, Bloomberg reported on Sunday. 
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