GBP/USD drops as BoE holds rates, hints uncertainty on future cuts
The British Pound (GBP) depreciated against the US Dollar (USD) after the Bank of England (BoE) decided to keep rates unchanged and warned about interest rate cuts due to “a lot of economic uncertainty at the moment,” said BoE Governor Andrew Bailey.
20 Mar 15:24 · FXStreet
Pound Sterling Price News and Forecast: GBP/USD drops as BoE holds rates, hints uncertainty on future cuts
The British Pound (GBP) depreciated against the US Dollar (USD) after the Bank of England (BoE) decided to keep rates unchanged and warned about interest rate cuts due to “a lot of economic uncertainty at the moment,” said BoE Governor Andrew Bailey.
20 Mar 17:40 · FXStreet
Pound Sterling Price News and Forecast: GBP/USD struggles to gain any meaningful traction on Friday
The GBP/USD pair lacks any firm intraday direction on Friday and oscillates in a narrow trading band, around the 1.2960 area during the Asian session.
21 Mar 03:43 · FXStreet
Pound Sterling Price News and Forecast: GBP/USD may target the immediate resistance at the five-month high
The GBP/USD pair remains in positive territory for the fourth successive session, trading around 1.3010 during the Asian hours on Thursday.
20 Mar 04:52 · FXStreet
last updated on 21 Mar 08:58