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GBP/USD Outlook: Pound Eases After Dovish BoE Cut

by Forex Crunch
February 7, 2025
in Forex Analysis
Reading Time: 1 min read

The Bank of England cut interest rates by 25-bps on Thursday. Two BoE policymakers were ready for a more significant rate cut. Economists expect slower US job growth in January. The GBP/USD outlook points south after an unexpected call for a more significant rate cut during the Bank of England policy meeting. At the same…
The post GBP/USD Outlook: Pound Eases After Dovish BoE Cut appeared first on Forex Crunch.
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