GBPUSD The Pound Sterling continues to rise without any signs of slowing down, even in the face of disappointing factory data from the UK. In order to cope with a bleak demand outlook, UK companies have made significant cuts to their input costs.
Swati Dhingra of the Bank of England (BoE) expressed support for a potential interest rate cut if the growth rate falls below expectations.
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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.