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EUR Holds Narrow Range, GBP Remains Little Changed

posted by Avatar DailyFX 868 days ago in EUR, GBP, Fundamental

The British Pound rose to a high of 1.6066 during the overnight session, but failed to cross back above the 200-Day SMA at 1.6092 and remains little changed from the previous day as investors anticipate the Bank of England to hold the benchmark interest rate at 0.50% and maintain its GBP 200B asset purchase program at its policy meeting on Thursday
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