GBP/USD edges higher to near 1.2600 ahead of BoE rate decision

GBP/USD gains ground after declining more than 1% following the Federal Reserve’s (Fed) hawkish cut on Wednesday, trading around 1.2590 during the Asian hours on Thursday.
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WTI posts modest gains to near $69.50 as US crude stocks fall

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.50 on Thursday.
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