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GBP/USD dips under 200-day SMA as UK data and BoE rate cut odds weigh

Published 1 week ago • Oct 29, 2025 at 3:21 PM • Negative
GBP/USD dips under 200-day SMA as UK data and BoE rate cut odds weigh
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GBP/USD drops more than 0.35% on Wednesday, below the 1.3250 mark as Bank of England rate cut expectations for the November meeting, rose while traders wait for the Federal Reserve monetary policy decision.

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