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GBP/USD Outlook: Pound Holds Steady Ahead of Inflation Data
Speculators increased their bullish positions on the pound. Core inflation in the UK will likely remain elevated at 7.1%. The Fed appears to be approaching the end of its tightening cycle. Today’s GBP/USD outlook is bullish. The pound remained around $1.31 against the dollar on Monday, ahead of an important inflation report. –Are you interested … Continued The post GBP/USD Outlook: Pound Holds Steady Ahead of Inflation Data appeared first on Forex Crunch...
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Posted: Jul 17 2023, 11:30
Author Name: forexcrunch
Views: 111032