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GBP Gets a Pop from Data, But Can it Turn the Tide for Pound

posted by Avatar FXTimes 423 days ago in GBP, Fundamental, Retail Sales made popular 423 days ago

The GBP, which has been pressured heavily in the last 2 weeks as traders priced in a less hawkish Bank of England saw some strength in overnight trading thanks to reports showing better services and retail data. But it gave up a good portion of those gains in NY trading, meaning the tide has not yet turned for the pressured Pound.
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