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Pound Sterling Price News and Forecast: GBP/USD climbs past 1.33 on BoE hawkish cut, US-UK reaching trade deal

Summary by FXStreet
The Pound Sterling (GBP) advanced during the North American session after the Bank of England (BoE) reduced borrowing costs on a 7-2 vote split, with two members voting to hold rates unchanged.
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currencynews.co.uk broke the news in on Thursday, May 8, 2025.
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