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Posted by
Two Blokes May 8 -
Filed in
Forex
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The Pound Sterling advanced during the North American session after the Bank of England (BoE) reduced borrowing costs on a 7-2 vote split, with two members voting to hold rates unchanged. Positive US jobs data failed to propel the Greenback, while a trade deal between the US and the UK is a tailwind for the GBP/USD, which trades at 1.3300, up 0.15%.