GBP/USD Consolidates as Investors Await Bank of England Policy Decision
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#15296a3b ver:0.37

Investors await Bank of England's interest rate decision as GBP/USD consolidates around 1.2550. BoE expected to keep rates unchanged, but guidance on future movements will be closely watched. Technical analysis shows bearish reversal pattern, while US Dollar weakens. Pound's value influenced by BoE decisions and economic data. GBP/USD rebounded to resistance level 1.2633, with potential for interest rate cuts. Pound Sterling, oldest currency, accounts for 12% of forex transactions. #GBPUSD #BoE #forex...

#newstr #Gbp/usd #BankOfEngland #InterestRates #Inflation #EconomicData 

 https://here.news/story/15296a3b?ver=0.37