GBP/USD slips as BoE holds rates, scales back QT and signals future cuts

The British Pound (GBP) reversed its course, dropping over 0.51% on Thursday following the Bank of England’s (BoE) decision to hold rates unchanged, after the Federal Reserve (Fed) began its 2025 easing cycle. The GBP/USD pair trades at 1.3551 after hitting a daily high of 1.3660.

Source: fxstreet.com (Read Full Article)