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May 6, 2025

GBP/NZD Forecast: Sterling Faces Uncertainty Ahead of BoE Decision

The GBP/NZD exchange rate draws attention this week with the Bank of England’s upcoming interest rate decision. As the market fully prices in a likely 25 basis point rate cut, traders will closely watch for clues on potential further cuts. This anticipation could significantly affect the Sterling’s performance in the forex market over the coming days.

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