Trade The World
GBP/USD is weakening following BoE decision – OCBC
Por FXStreet Insights Team
Data de Publicação: 19 Sep 2025 | Data de Modificação: 19 Sep 2025
POPULAR ARTICLES
Pound Sterling (GBP) weakened following Bank of England decision to keep Bank Rate unchanged although that had been expected. GBP/USD was last at 1.3542 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Pound Sterling (GBP) weakened following Bank of England decision to keep Bank Rate unchanged although that had been expected. GBP/USD was last at 1.3542 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Hawkish BoE stance might limit the downside for GBP/USD
"The MPC reiterated its commitment to a 'gradual and careful' approach to any future rate cuts. Meanwhile, Governor Bailey acknowledged that further reduction is likely, but he emphasised that the timing and scale remain uncertain given the recent uptick in inflation."
"The relatively hawkish BoE stance versus the Fed could limit the downside for GBP/USD. Resistance at 1.3600 before the next at 1.3790. Support at 1.3470 (50 DMA)."
(This story was corrected on September 19 at 10:02GMT to state the name of the pair as GBP/USD, not USD/GBP.)
FXStreet
Mais de um milhão de usuários confiam na FXStreet para dados de mercado em tempo real, ferramentas de gráficos, insights de especialistas e notícias de Forex. Seu calendário econômico abrangente e webinars educacionais ajudam os traders a se manterem informados e tomarem decisões calculadas. A FXStreet conta com uma equipe de cerca de 60 profissionais, divididos entre a sede em Barcelona e diversas regiões globais.
Read More
