Monday , 10 March 2025
Home Forex Pound Sterling Price News and Forecast: GBP/USD depreciates on expected BoE rate cut
Forex

Pound Sterling Price News and Forecast: GBP/USD depreciates on expected BoE rate cut

The GBP/USD pair halts its three-day winning streak as the British Pound (GBP) faces headwinds due to growing market expectations of a near-certain rate cut by the Bank of England (BoE) to 4.5% at its upcoming meeting.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Not a good start to the US stock market. NASDAQ index now down 500 points

The S&P 500 traded below its 200-day moving average on both Thursday...

US February employment trends 108.56 vs 108.35 prior

Prior was 108.35 (revised to 109.45)This is a composite index so it...

USDCHF trades lower in up and down price action

The USDCHF is trading lower in response to declining yields, though price...

PU Prime Expands Deposit Bonus Promotion to Copy Trading Accounts

PU Prime, a globally recognized CFD broker, has announced an update to...