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Sterling Near 3-Month High on GBPUSD as Markets Eye Potential BoE Rate Cut

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

News Summary

  • Sterling remains near a three-month high against the dollar amid steady risk appetite and fading UK fiscal concerns, with markets pricing in a possible Bank of England rate cut this year.
  • Traders await UK November GDP data for further direction.
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GBPUSD price history

1.35 +1.50% over the displayed period

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