**GBP/USD Breaks Out as Pound Gains Strength on Hawkish BoE Signal Despite Rate Cut**
The GBP/USD pair gained notable strength after the Bank of England’s recent 25 basis point rate cut, driven by a hawkish tone and cautious forward guidance. Despite the cut, BoE’s emphasis on inflation risks and gradual future easing contrasts with more dovish stances from the Fed and ECB, supporting the pound. The pair rallied from 1.2700 to 1.2850 as markets digested this. This analysis expands on insights from InvestingLive News Desk for a deeper understanding of the factors impacting GBP/USD’s trajectory.
