FOMC-Powell’s Final Meeting and the Shift Toward a New Fed EraBritish Pound/US DollarFX:GBPUSDKlejdiCuniGBPUSD: FOMC-Powell’s Final Meeting and the Shift Toward a New Fed Era Today is Powell’s last FOMC meeting. The market expects the Fed to keep rates unchanged at 3.75%. However, nothing special is expected from Powell today. The focus should immediately shift to the new Fed Chair, Kevin Warsh, and how he can influence Fed policy. Kevin Warsh is expected to start as the new Federal Reserve Chair around May 15, 2026, when current Chair Jerome Powell’s term expires. Since he will obey President Trump 100%, he can compromise the Fed's independence, and I think the market will definitely expect that. There is a high likelihood that in the coming months we will see a significant cut in interest rates. This could create weakness in the US dollar. However, at this stage, this is just an assumption and how the market may interpret the last FOMC meeting. I am expecting GBPUSD to go up at least in the near term, considering all the above. Main Targets: 1.35250 1.35600 1.35850 🔴Warsh also has close family ties to Trump. His father-in-law, billionaire businessman Ronald Lauder, is a longtime Trump donor and ally. You can find more details on the chart. Thank you and good luck! 🍀 ⚠️PS: Do your own analysis and use your own strategy to join the trade. ❤️ If this analysis helps your trading day, please support it with a like or comment ❤️