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GBPUSD remains steady ahead of UK labor and inflation data, with markets pricing in two BoE rate cuts. Political uncertainty around PM Starmer has eased but still poses downside risk to the pound.
UK GDP growth exceeded expectations in November but remains weak overall, with market pricing in significant Bank of England rate cuts amid ongoing economic challenges and fiscal consolidation foreca…
GBPUSD faces bearish pressure amid rising UK rate cut odds and mixed US dollar reactions ahead of key US labour data and FOMC minutes. Technicals show resistance near 1.32, with potential declines to…
British inflation held steady below expectations, prompting markets to price in likely Bank of England rate cuts this year, weakening GBPUSD amid easing bets and fiscal concerns ahead of the upcoming…
UK Chancellor Rachel Reeves plans Budget measures to ease inflation and boost Bank of England rate cuts, causing mixed GBPUSD price action near key technical levels.