• GBP/USD falls to 1.2659 after BoE's dovish stance.
• BoE holds Bank Rate, hints at future cuts amid shifting views.
• UK inflation drop fuels June BoE rate cut bets.
• US Dollar bolstered by lower unemployment claims and economic strength.

The Pound Sterling tumbles sharply against the US Dollar and prints a new two-week low following major central banks' monetary policy decisions. On Thursday, it was the Bank of England’s (boE) turn to deliver a dovish hold, spurring a U-turn in price action. At the time of writing, the GBP/USD trades at 1.2659, down 0.97%.