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2024-05-07 14:00:42

GBP/USD Hits 2024 Lows as Traders Continue to Sell Rallies on Nostr: Contrasting Economic Outlooks Impact GBP/USD Exchange Rate =============== #15296a3b ...

Contrasting Economic Outlooks Impact GBP/USD Exchange Rate
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#15296a3b ver:0.39

Contrasting economic outlooks impact GBP/USD exchange rate as investors await Bank of England's interest rate decision. UK economy shows signs of growth, but inflation remains low. Technical analysis suggests bearish reversal pattern. BoE may signal rate cuts this summer. GBP/USD faces selling pressure near 1.2600. Pound's value influenced by BoE's monetary policy and economic data releases. #GBPUSD #BoE #inflation #interestrates...

#newstr #Gbp/usd #BankOfEngland #InterestRates #Inflation #EconomicData

https://here.news/story/15296a3b?ver=0.39
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