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UK Economy Softer Landing and More Solid Pound

Started by PocketOption, Nov 12, 2022, 05:57 am

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PocketOption

UK Economy Softer Landing and More Solid Pound

The pound rally gained new momentum on Friday morning, following a respite after the 3% rise in GBPUSD on Thursday. The British currency was supported predominantly by better-than-expected economic data and comments from the Governor of the Bank of England on the intention for further rate hikes. The UK economy contracted by 0.2% in the […]


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