GBP/USD Weakens Ahead of BoE Decision, Slips Towards 1.2800

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The GBP/USD pair has started the week on a downward trend, trading at 1.2826, a decline of 0.28%. This dip occurs in anticipation of the Bank of England’s (BoE) upcoming monetary policy decision on August 1st, with market participants increasingly expecting a rate cut despite odds remaining around 59%. Technical Outlook: The GBP/USD pair has […]