GBP/USD holds above 1.3310 ahead of BoE rate decision – BBH

FXStreetDec 18, 2025 11:42 AM

View all comments（0）



GBP/USD trades cautiously above 1.3310 as markets brace for today’s Bank of England meeting. A 25bps cut to 3.75% is widely expected, with a tight 5-4 vote likely, while guidance signaling gradual further easing could pressure the pound on crosses, BBH FX analysts report.

BoE widely expected to deliver 25bps cut to 3.75%

"GBP/USD is down but trading above yesterday’s low around 1.3312. The Bank of England (BOE) is widely expected to resume easing with a 25bps cut to 3.75%. The Monetary Policy Committee (MPC) vote split may be tight: 5 in favor of a cut versus 4 supporting no change."

"More importantly, the BOE will likely stress again that 'if progress on disinflation continues, Bank Rate is likely to continue on a gradual downward path'. That would undermine GBP on crosses."

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

TSMC Second Quarter Net Profit Surges 77.4% to Record, AI Chip Demand Drives Results Above Estimates

TradingKey - On July 16, Eastern Time, TSMC (TSM) released its second-quarter 2026 financial results. The company's revenue for the quarter reached TWD 1.27 trillion, up 36.0% year-on-year and 12.0% quarter-on-quarter. In US dollar terms, revenue was USD 40.2 billion, representing a 33.7% year-on-year increase and reaching the upper end of the previous guidance range of USD 39.0 billion to USD 40.2 billion.

Micron (MU) Stock Crashes Below $910 as China’s CXMT Plans an $8.5B IPO; Is the DRAM Bull Cycle Cracking?

Micron fell 7% on July 15 as China’s CXMT announced an $8.5B IPO and the US government considered new HBM export restrictions. At $904, the 50-day EMA and $869 support are all that stand between bulls and a deeper drop. KeyBanc says buy it.

Today’s Market Recap: Unexpected PPI Drop Boosts Markets, Apple Hits All-Time High, AI Hardware Stocks Remain Under Pressure, Micron, SanDisk Slump

TradingKey - On July 15 ET, the three major U.S. stock indices closed higher for the second consecutive trading session. An unexpected decline in the U.S. June PPI further reinforced expectations of cooling inflation, while the start of the corporate earnings season continued to exceed market expect

Japan and South Korea Stocks Hammered at Open: KOSPI Tumbles 5%, SK Hynix Plunges 9%, Samsung, Kioxia and SoftBank Follow Lower

Japanese and South Korean stock markets opened sharply lower, with the KOSPI Index plunging 5% and the Nikkei 225 falling over 2%. SK Hynix led the decline with a drop of more than 9%, while Samsung Electronics, Kioxia, and SoftBank also followed the downward trend.

TSMC (TSM) Stock Forecast: June Revenue Up 68%, Q2 Earnings Tomorrow; Is $438 the Next Stop?

TradingKey - TSMC reports Q2 2026 earnings tomorrow, July 16. June revenue surged 68% year-on-year. Consensus: $40B revenue, $3.83 EPS. At $426 on trendline support, the key question is whether tomorrow’s print triggers a move back toward $438.

Featured Tools