Pound Sterling Retreats as Investors Anticipate BoE Rate Cuts Before Fed
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#15296a3b ver:0.38

Investors anticipate Bank of England (BoE) rate cuts before the Federal Reserve (Fed), causing the Pound Sterling to retreat against the US Dollar. BoE expected to keep rates unchanged, but market awaits guidance on future movements. Technical analysis shows bearish reversal pattern, while US Dollar consolidates after weak data. BoE's decision will provide clarity on UK interest rates. GBP/USD faces selling pressure near 1.2600 and Head and Shoulder pattern. Pound Sterling influenced by BoE decisions and economic data releases. #GBP #USD #BoE #Fed #interestrates...

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

 https://here.news/story/15296a3b?ver=0.38