GBP/USD rallies higher in the European session on Thursday and trades at its strongest level in six months above 1.3150.

GBP/USD trades in the lower half of the ascending regression channel, and the pair closed the last 4-hour candle below the 20 ...

The Bank of England held interest rates at 4.5% on Thursday and warned against assumptions that they would fall over its next few meetings, as policymakers grapple with deep uncertainty hanging over ...

Sterling was down 0.2% at $1.29405 after hitting as high as ... Against the euro, the British currency was little changed at ...

Sterling rose to a two-week high against the euro and trimmed losses versus the dollar after the BOE voted 8-1 to leave interest rates at 4.5%.

Sterling initially trimmed an earlier fall but ... 3.3 basis points on the day at 4.17% versus 4.15% just before the BoE announcement.

1023 GMT – The latest U.K. inflation data probably won’t alter the Bank of England’s cautious approach to cutting interest rates, which should support sterling ... above the BOE’s 2% ...

The pound has climbed above $1.30 for the first time since early November, helped by persistent UK inflation and a broad weakening in the dollar.