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GBP/USD. Analysis and Forecast
On the last trading day of
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On the last trading day of the week, the GBP/USD pair is halting yesterday's correction from the area around 1.3440. However, it is still struggling to attract significant buying interest.The pound is being supported by the Bank of England's recently adopted measures, which have boosted expectations regarding its future policy. Despite the split vote (5–4), the 25-basis-point rate cut to 3.75% is being perceived by the market as a signal of a dovish approach, especially after the unexpected drop in
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Irina Yanina,
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