Saturday , 23 November 2024
Home Forex GBP/USD depreciates toward 1.2700 due to increased risk-off mood, BoE rate cut
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GBP/USD depreciates toward 1.2700 due to increased risk-off mood, BoE rate cut

GBP/USD extends its losses following the Bank of England‘s (BoE) decision to deliver a broadly expected 25-basis point rate cut at its August meeting held on Thursday.

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