#British Pound
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GBP/USD Hits 1.3670 After UK Services PMI Surprise Lifts Sterling
GBP/USD climbed to 1.3670, its highest level since February, after UK services PMI rose to 52.8 and beat all market…
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GBP/USD Breaks 1.36 as Dollar Slumps Despite Weak UK Wage Growth
GBP/USD climbed above 1.36 after a broad dollar selloff, even as UK wage growth slowed to its weakest pace since…
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GBP/USD Rises to 1.3564 as Weak US Retail Sales Pressure the Dollar
Sterling climbed to a three-month high of 1.3564 as softer US retail sales and easing Federal Reserve hike expectations weighed…
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GBP/USD at 1.3501 as Equal Rates and 5.75% Gilts Pull Sterling Both Ways
GBP/USD is hovering near 1.3501 as matching 3.75% policy rates in the UK and U.S. erase the usual carry advantage.…
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GBP/USD Breaks 1.3500 After US Payrolls Miss Shakes Dollar
GBP/USD rose above 1.3500 after US nonfarm payrolls fell by 23,000 in July, triggering a broad dollar selloff. Investors are…
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GBP/USD Holds Near 1.3450 as Payrolls Loom and Sterling Keeps Yield Edge
GBP/USD steadied around 1.3450 as traders weighed a rare sterling policy-rate advantage over the dollar against a tightly compressed technical…
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GBP/USD Holds Near 1.3385 as UK Inflation Cools to 2.6%
Sterling remains pinned below 1.3400 after UK inflation slowed to 2.6%, weakening expectations for a Bank of England rate increase.…
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GBP/USD Tests 1.35 After UK Growth Surprise and BoE Rate Signals
Sterling climbed to 1.3502 after UK quarterly GDP beat forecasts and markets weighed a possible Bank of England shift. The…
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GBP/USD Hits 1.3431 as Sterling Tests One-Year High on UK and Fed Signals
GBP/USD climbed to 1.3431 and briefly touched 1.3448, its strongest level in a year, as sterling gained support from easing…
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GBP/USD Tests 1.3400 as BoE Hike Bets and UK Politics Lift Sterling
GBP/USD has rebounded to the 1.3400 area, where the 200-day moving average is capping sterling’s advance. Investors are weighing Bank…