Oct 23, 2025
GBP/USD slips as softer UK inflation boosts BoE dovish bets
The GBP/USD retreats on Thursday, down over 0.21% after the latest inflation report in the United Kingdom, increased the odds for a Bank of England rate cut by the end of the year. At the time of writing, the pair trades at 1.3326 after reaching a high of 1.3359.
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