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GBPUSD Soars on Weak US Jobs and Fed Cut Bets; BoE Divergence Boosts Pound | Reuters | Login to see the signal | |
Sterling holds firm against dollar after weak US jobs reportSummarySterling held near 1.3513 after a strong rally driven by weak US jobs, increasing Fed rate-cut odds. BoE likely to cut less, creating a rate-divergence advantage for the pound ahead of next week's central bank meetings. |
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GBPUSD Rebounds Toward Resistance Ahead of US Jobs and UK CPI Data | InvestingLive | Login to see the signal | |
GBPUSD Technical Analysis - Traders await the US labour market dataSummaryGBPUSD trades rangebound between 1.3368 support and 1.3590 resistance as traders await US jobs and PCE data; UK inflation remains sticky, complicating central bank outlooks for both currencies. |
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GBPUSD Rallies as BOE's Mann Signals Hawkish Inflation Persistence, Pressuring Market Rate Pins | InvestingLive | Login to see the signal | |
BOE Mann: Research is showing increased persistence in inflation, but weak growth outlookSummaryBOE policymaker Mann flagged greater inflation persistence and a tighter-than-expected policy path, endorsing a restrictive Bank Rate while keeping cuts conditional if demand weakens, leaning hawkish overall and supportive of sterling. |
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