The GBP/USD currency pair has stabilized below the 1.3400 mark as traders assess the latest Bank of England (BoE) policy update alongside recent US inflation data. After reaching a nearly two-month high in the mid-1.3400s, the pair has faced challenges in attracting substantial buying interest during the Asian trading session on Friday.
Market sentiment remains cautious as investors weigh the implications of monetary policy changes from the BoE and the impact of inflation trends in the US. As the exchange rate hovers just below 1.3400, traders are closely monitoring economic indicators that could influence future movements in this key currency pair.
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Data Source: FX Killer Analysis Team Updated: 2025-12-19 04:09
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.