UK GDP Slide Fuels BoE Rate Cut Speculation Ahead of Key CPI Report; GBP/USD DipsBy Editor / June 12, 2025 UK GDP Slide Fuels BoE Rate Cut Speculation Ahead of Key CPI Report; GBP/USD Dips Author: On Thursday, June 12, the GBP/USD was up 0.18% to $1.35617. GBP/USD slides on weak GDP report. GBPUSD – 5 Minute Chart – 120625. EUR/USD news