Pound Sterling Corrects Amid Uncertainty Ahead of BoE's Policy Decision
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#15296a3b ver:0.4

The Pound Sterling corrects as uncertainty looms ahead of the Bank of England's policy decision. GBP/USD consolidates around 1.2550, with investors watching for any guidance on future rate movements. BoE Governor Bailey expresses confidence in inflation returning to 2% in April, suggesting a dovish stance. UK economic data shows signs of growth, but CPI dips below US CPI, enhancing the case for rate cuts. Technical analysis indicates a bearish reversal pattern, with the pair guided by the BoE's decision. GBP/USD faces selling pressure near 1.2600 and has not stabilized above the 20-day EMA. The near-term outlook is uncertain. #GBP #BoE #interestrates #inflation #technicalanalysis...

#newstr #PoundSterling #BankOfEngland #UsDollar #InterestRates #Inflation #ForexMarket 

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