The Bank of England cut its benchmark rate by 25 basis points, as widely expected, but the surprise came in the vote split. The decision passed with a 7-2-0 vote, falling short of the anticipated 全票9-0-0. 斯瓦蒂·丁格拉和戴夫·拉姆斯登 pushed for a deeper 50 basis point cut, while 凯瑟琳·曼和休·皮尔 unexpectedly voted to keep rates unchanged at 4.50%. That unexpected hawkish dissent triggered a kneejerk reaction in sterling, with 英镑兑美元从1.3241左右飙升至1.3344 before fading and rotating back toward session lows.

Despite the rate cut, the BOE’s guidance remained unchanged, emphasizing a “渐进而谨慎” approach to easing—repeating the tone from March. As in previous meetings, markets quickly shifted focus from the headline rate move to the vote distribution, which revealed a more divided Monetary Policy Committee than anticipated.

Technically, the intraday reversal has turned the momentum back in favor of sellers. The pair has now retraced toward the day’s low at 1.3241, with a break below that level and the 4月23日低点1.3233 opening the door toward a swing area between 1.32017和1.32067. A move below that zone would target the 4月涨势回撤38.2%至1.31603. With the price back under both the 100-和200小时移动平均线, sellers have short-term control—but they’ll need a break of those downside targets to confirm and extend the bearish bias.