The Story
News Summary
- UK consumer spending sharply increased in January, while business activity surveys show companies are cutting staff.
- The PMI dipped slightly but remained above 50.
- Sterling (GBPUSD) rose to a two-month high.
- Inflation remains sticky, limiting expected rate cuts from the Bank of England.
Explore GBPUSD price history & advisor snapshot
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Stored market data
GBPUSD price history
1.35
+1.50% over the displayed period
Advisor Snapshot
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