-
Posted by
Two Blokes May 8 -
Filed in
Forex
-
3 views
The Pound Sterling (GBP) 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 United States (US) jobs data failed to propel the US Dollar (USD), while a trade deal between the US and the UK is a tailwind for GBP/USD, which trades at 1.3300, up 0.15%.
