Pound Sterling declines as BoE hike bets ease

GBP/USD loses ground for the third successive day, trading around 1.3520 during the Asian hours on Friday. The Pound Sterling (GBP) remains under pressure as traders pare back expectations for a Bank of England (BoE) rate hike, amid increasing optimism that tensions in the Middle East may be easing. GBP/USD stays pressured as traders trim BoE hike bets… GBP/USD loses ground for the third successive day, trading around 1.3520 during the Asian hours on Friday. The Pound Sterling (GBP) remains under pressure as traders pare back expectations for a Bank of England (BoE) rate hike, amid increasing optimism that tensions in the Middle East may be easing. GBP/USD stays pressured as traders trim BoE hike bets amid optimism of easing Middle East tensions.BoE’s Bailey said that the central bank won’t rush rate decisions amid the energy shock from the Iran conflict.Lebanon’s army recorded multiple Israeli ceasefire violations after the truce took effect.GBP/USD loses ground for the third successive day, trading around 1.3520 during the Asian hours on Friday. The Pound Sterling (GBP) remains under pressure as traders… For traders, the practical value is less about the headline alone and more about how it changes context, sentiment and the quality of the next decision. Watch follow-through, not just the first reaction: liquidity, volatility and confirmation across related assets usually tell the real story.