- GBP/USD maintains the bullish bias beyond 1.2300.
- The BoE raised the policy rate by 25 bps, as expected.
- The MPC voted 7-2 to lift the key rate to 4.25%.
The upbeat note around the Sterling remains in place and motivates GBP/USD to maintain the daily bullish tone above the 1.2300 region in the wake of the BoE’s decision on rates.
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