Julian Benson
on May 21st, 2025 Buoyed by trade agreements and last week’s GDP figures, sterling continued its climb on the dollar on Tuesday, gaining 0.5%, though it slowed slightly against the euro. However, the UK’s run of good news may be over, as inflation rose higher than predicted in April, which could see the Bank of England slow its pace of interest rate cuts.
GBP/USD past year
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