GBPUSD - Pound’s Resilience Tested

77
The BoE cut rates by 25 bps to 4.25% with a rare split vote (7-2), while the Fed held rates steady at 4.50%, amplifying policy divergence. GBP/USD fluctuated between 1.32121 and 1.34028 closing at 1.33034 as traders weighed UK GDP upgrades against Fed inflation warnings.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.