New Zealand Gross Domestic Product (YoY) above forecasts (-0.8%) in 1Q: Actual (-0.7%)

GBP/USD spun a circle on Wednesday, rising and falling through the Federal Reserve’s (Fed) latest rate hold. Cable is caught in intraday consolidation near the 1.3400 handle, as Pound Sterling traders gear up for the Bank of England’s (BoE) own interest rate decision, due early Thursday.