GBP/USD Consolidates as Investors Await Bank of England Policy Decision
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#15296a3b ver:0.36

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 near 1.2500-1.2600 resistance. US Dollar weakens despite downbeat data. Pound's value influenced by BoE's policy decisions and economic data releases. GBP/USD trading above 20-day EMA, but RSI suggests market indecisiveness. #GBPUSD #BoE #forex...

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

 https://here.news/story/15296a3b?ver=0.36