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GBPUSD Rebounds on Easing UK Inflation Amid BoE Rate Cut Expectations and Political Risks

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

News Summary

  • Easing British inflation supports expectations of a near-term Bank of England rate cut, stabilizing GBPUSD despite persistent underlying price pressures and political uncertainty ahead of a key UK by-election.
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GBPUSD price history

1.35 +1.50% over the displayed period

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