# Sterling steadies day ahead of BoE meeting | Reuters

> Ahead of the Bank of England meeting, markets priced roughly a one-in-three chance of a 25-basis-point rate cut. Sterling was steady, with scope for a sharp move either way depending on the outcome.

- Date: 2025-11-05 · published 2025-11-05T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/22198-sterling-steadies-day-ahead-of-boe-meeting-reuters
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Rate-cut odds shape sterling's direction, which influences the sterling cost of dollar-priced feed imports for UK buyers.

## Read by commodity

- GBPUSD: neutral

## Sources

- reuters.com: https://www.reuters.com/world/uk/sterling-steadies-day-ahead-boe-meeting-2025-11-05/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.