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The British pound has extended its losses on Friday. In the European session, GBP/USD is trading at 1.2600, down 0.45%. Earlier, the pound fell as low as 1.2584, its lowest level since March 20.UK...
As of Friday, the GBP/USD pair hovered around 1.2642, following a substantial decline. The Bank of England (BoE) has yet to find reasons to lower the interest rate, indicating intentions to maintain...
The British pound is slightly lower on Thursday. In the European session, GBP/USD is trading at 1.2766, down 0.16%.BoE Expected to Hold RatesThe markets will shift focus from the Federal Reserve,...
GBPUSD generates fresh 2024 peakBut declines sharply towards the 50-day SMAMomentum indicators weaken significantlGBPUSD has been stuck in a rangebound pattern since mid-November, unable to adopt a...
GBP/USD is approaching a key support level ahead of the Fed and BoE meetings. The BoE is very unlikely to consider rate cuts before the Fed and the ECB. Meanwhile, Fed's hawkish stance could keep the...
The British pound is drifting on Wednesday. In the European session, GBP/USD is trading at 1.2784, down 0.06%.UK GDP Expands 0.2% in JanuaryIt wasn’t a spectacular rebound but the UK economy...
The British pound has extended its losses on Tuesday. In the European session, GBP/USD is trading at 1.2799, down 0.26%.UK Job Market Slows DownThe UK labor market has remained resilient despite...
UK shop inflation falls to 2.5% The British pound is drifting on Tuesday. In the European session, GBP/USD is trading at 1.2683, down 0.03%.Shop Price, Food Inflation Heads LowerUK shop inflation...
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