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GBP/USD churns below 1.2900 ahead of BoE rate call

Started by forex4you, Aug 01, 2024, 06:23 am

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Aug 01, 2024, 06:23 am
GBP/USD churns below 1.2900 ahead of BoE rate call

GBP/USD waffled in a near-term range on Wednesday after the Federal Reserve (Fed) hit wide market expectations of one last rate hold for July, with expectations of a September Fed rate cut fully priced in, key data pending.

Source: GBP/USD churns below 1.2900 ahead of BoE rate call
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