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The British pound remains stable against the dollar as markets monitor U.S.-Iran peace talks. While Britain faces energy-related economic risks, the pound finds support from interest rate expectation…
GBPUSD climbs above 1.33 as Bank of England holds rates but signals two hikes due to rising inflation risks from Middle East energy supply shocks.
GBP/USD holds near 1.327 amid rising energy costs and weaker UK wage growth ahead of Bank of England's rate decision, with markets pricing in further tightening by year-end.
The pound fell below $1.34 toward a seven-week low as cautious BoE comments, high UK inflation, political borrowing plans and weak gilt demand, combined with stronger US GDP, strengthened the dollar …