May 25, 2021 20:16 GMTFXStreet News Cable is on the verge of a significant downside move should counter-trendline hold. Central banks and economic performances in the spotlight. GBP/USD is currently trading at 1.4158 trading between a low of 1.4115 and a high of 1.4211, trading flat on the day following a recent recovery from the lows of the session as the greenback takes a trip to the downside. The US dollar hit new lows against major currencies while Federal Reserve officials continue with a mantra of their dovish monetary policy stance which has eased inflation concerns. Central bank speakers in focus This week, the messages have been consistent with what Fed Chairman Jerome Powell has said repeatedly over recent weeks.