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GBPUSD Stabilizes Near 7-Month Low as UK Inflation Eases Ahead of Key Budget

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The Story

News Summary

  • UK inflation eased notably in October, with headline and core inflation slowing, supporting hopes for Bank of England rate cuts and stabilizing GBP near $1.31 ahead of next week's UK budget.
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GBPUSD price history

1.34 +0.00% over the displayed period

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