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May 5, 2025

GBP/USD Holds Steady as Traders Await Bank of England Insights

The GBP/USD pair is kicking off the week quietly, trading within a narrow band around the mid-1.3200s, near a one-week low reached during the Asian session. As traders sit on the sidelines, they anticipate insights from the upcoming Bank of England meeting this week, poised to influence market sentiment significantly.

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