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GBP/USD: The pound rebounds amid mixed signals from the BoE

The pound recovers slightly to $1.3172 after a decline, but is set for its worst weekly drop in over a year.

Governor Bailey's comments triggered a 1% drop in the pound, suggesting faster rate cuts if inflation keeps falling.

The SEC has filed an appeal over the Ripple Labs ruling, challenging limits on its crypto regulatory authority.

Few crypto exchanges are FCA-regulated in the UK, raising risk for investors due to lack of consumer protections.

PayPal has launched a feature for US merchants to buy, hold, and sell cryptocurrency, expanding its crypto services.

Gold holds steady, trading near its all-time high, as markets await Jerome Powell’s speech and key U.S. economic data.

Gold continued its rally, hitting new highs in Asian trade, reaching $2,670.52 an ounce as traders anticipate further U.S. interest rate cuts.

Coinbase is challenging the SEC in court, demanding clearer cryptocurrency regulations, as the exchange navigates unclear US legal frameworks.

The SEC approved options for BlackRock’s spot bitcoin ETF, offering new ways to hedge or invest in bitcoin.

Gold is up 26.9% this year, driven by safe-haven demand and Federal Reserve rate cuts, with $3,000 projected.