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GBPUSD Dips on Dollar Strength Ahead of US Jobs Data and BOE Rate Cut Bets

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

News Summary

  • GBPUSD eased as the dollar strengthens ahead of key US employment, eurozone inflation, and UK business data.
  • The pound’s weakness ties to broad dollar strength despite recent gains, with the Bank of England expected to cut rates further this year.
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GBPUSD price history

1.35 +1.50% over the displayed period

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