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June 19, 2025

GBP/CAD Exchange Rate Faces Mixed Signals Ahead of BoE Interest Decision

As Thursday approaches, the Pound against the Canadian Dollar will be influenced by the Bank of England’s imminent interest rate decision. With expectations leaning towards rates being held steady, focus shifts to the BoE’s forward guidance. Traders are keen to understand the central bank’s outlook as it may significantly impact investor sentiment toward GBP movements in the short term.

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