Sterling soared to its highest level in two and a half years against the US dollar after the Bank of England held its interest rate steady, diverging from the Federal Reserve’s substantial rate cut. V

The GBP/USD exchange rate is bracing for volatility as the UK releases the August inflation report ahead of the Federal Reserve and Bank of England (BoE) interest rate decisions. It was trading at 1.3165 on Wednesday,

Fed’s policy hints spark speculation over USD trend reversal. Read our GBP/USD and EUR/USD forecast to stay ahead of key market shifts.

The dollar remained stable, while the British pound and euro saw slight increases in today's currency market trade

GBP/USD has a fresh 30-month high in the bag after Fed rate cut. BoE rate call is in the barrel for Thursday, but no moves are expected. UK Retail Sales set to wrap up the week on Friday. GBP/USD hit a fresh 30-month high on Wednesday,

GBP/USD climbed on Wednesday after the Fed cut rates by 50 basis points, citing greater confidence that inflation will continue to trend toward its 2% annual target. Half a percentage point rate cut decision