Day: November 7, 2024

Pound Sterling Rises After BoE Rate Cut

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The Pound Sterling has strengthened after the Bank of England (BoE) cut interest rates by 25 basis points to 4.75%. While the rate cut was expected, the BoE’s dovish forward guidance has also supported the Pound. Key Factors Influencing the Pound Sterling: Technical Analysis: The Pound Sterling has recovered from recent lows, but the near-term […]

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