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globalreutersJune 19, 20241 Mins read
GBP/USD finds a foothold ahead of BoE’s upcoming rate call
globalreutersJune 19, 20241 Mins read GBP/USD elbowed its way firmly above 1.2700 in quiet Wednesday trading as GBP traders gear up for Thursday’s latest outing from the Bank of England (BoE), which is expected to keep rates on hold at 5.25% even as UK economic data continues to miss the mark, but not badly enough to spark institutional fears of an outright recession.
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