GBP Gains 0.3% Against USD Before BoE Rate Decision
Key Points
- The British Pound is gaining momentum, up nearly 0.3% agains...
The British Pound is having its moment in the spotlight, outperforming most G10 currencies like that overachiever in your trading group who somehow always calls the market right. As of today, June 18, 2025, GBP is up nearly 0.3% against the USD, riding high on stronger-than-expected inflation numbers that have traders wondering if the Bank of England might just surprise everyone tomorrow.
When Inflation Actually Helps Your Case
May's Consumer Price Index came in at 3.4% headline and 3.5% core, proving that sometimes bad news can be good news in the upside-down world of forex trading. The...
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