GBP/USD forecast: sigjal ahead of Bank of England rate cut
Thursday, 8 May 2025 () The GBP/USD exchange rate has formed a giant cup and handle pattern, pointing to a strong British pound surge in the near term. The pair traded at 1.3355 on Thursday as traders waited for the upcoming Bank of England decision. Bank of England interest rate decision The GBP/USD exchange rate has jumped by over 10% […]
The Bank of England has kept interest rates on hold at 4.5%, warning that US President Donald Trump's trade war has intensified global economic uncertainty. The Bank says there are indications an..
Bank of England expected to pause rate cuts despite contracting output
Policymakers find themselves in a tight spot ahead of Thursday’s rate decision, with growth remaining sluggish and inflation..
Credit: euronews (in English) Duration: 04:34Published
The Bank of England is widely anticipated to cut its key interest rate to 4.25% amidst concerns over potential economic fallout from US tariffs. This decision,... IndiaTimes Also reported by •Sky News •Invezz •Upworthy •City A.M.
City investors have lowered expectations of multiple interest rate cuts later in the year after the Bank of England decided to reduce rates to 4.25 per cent. ... City A.M.