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COMMENT-Sterling down but not out as UK inflation, growth hint at further gains

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • GBP/USD remains resilient due to weakened dovish BoE rate expectations and strong UK economic activity.
  • The pound reached a new 2025 high.
  • Risks include potential US tariff actions impacting inflation and rates, and UK fiscal concerns.
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GBPUSD price history

1.35 +1.50% over the displayed period

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