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GBP/USD holds steady near 1.3700 as Bostic tempers Fed cut bets, solid UK GDP

GBP/USD flat at 1.3707 as Bostic signals only one Fed cut in 2025 and three in 2026. UK GDP expands 0.7% QoQ in Q1, fastest in a year; signs of demand cooling emerge. US–UK trade deal takes effect; focus shifts to Powell and Bailey speeches on Tuesday.

9 Hours Ago

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