The British pound is charging toward the $1.3 mark after the Bank of England delivered its second 25bps rate cut this year, aligning with predictions but shaking up market expectations. Adding fuel to the rally, the BoE hinted that recent Budget measures could supercharge the economy, with GDP projected to peak 0.75% higher within a year and inflation to edge up by nearly 0.5%. With the pound gaining momentum and potential upside still in sight, markets are on edge.