GBP holds above 1.3400 ahead of BoE rate hike
The Bank of England is expected to raise its Bank Rate to 4.00% from 3.75% on Thursday, with money markets pricing in three additional hikes thereafter. GBP/USD holds just above 1.3400 and its 200-day EMA.
Original · FXStreet AI summary of public reporting
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At publication → CurrentGBP1.341 → 1.343+0.1%