GBP/USD rose firmly above 1.2700 in quiet trading on Wednesday as GBP traders braced for Thursday's latest outing from the Bank of England, which is expected to hold gains yields stayed at 5.25% even as UK economic data continued to miss the target, but not so badly as to raise fears of an outright recession.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.