GBP/USD began trading on Thursday with a surge in value driven by the Bank of England’s widely-expected quarter-point rate cut. Initially, the Pound Sterling exhibited strong bullish momentum. However, by mid-session, this upward trend quickly faded. Traders turned their focus to escalating trade tensions from the United States. The impact of these trade headlines created uncertainty, leading to a 0.34% drop in GBP/USD by the end of the trading day. Investing in GBP/USD demands caution as market dynamics shift rapidly based on external news influences. Make informed decisions to navigate these fluctuations.