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GBPUSD Soars on Strong UK Retail Sales and PMI Boost Ahead of BoE Rate Decision

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

News Summary

  • UK retail sales and business activity beat expectations, boosting sterling and suggesting UK economic growth may accelerate in Q1 despite mixed inflation and labour market data.
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Stored market data

GBPUSD price history

1.35 +1.50% over the displayed period

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