Pound Sterling Retreats Towards 1.2500 as US Economy Weakens
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#15296a3b ver:0.44

The Pound Sterling weakens against the US Dollar as investors anticipate potential rate cuts from the Bank of England (BoE) before the Federal Reserve (Fed). The BoE is expected to keep rates steady, but market participants are watching for guidance on future rate movements. UK economic data shows signs of growth, but inflation remains below target. Technical analysis suggests a bearish reversal pattern for GBP/USD. The BoE's interest rate decision will provide more clarity. The US Dollar strengthens despite weak economic data. The near-term outlook for the Pound Sterling is uncertain. #GBP #USD #BoE #Fed #economy...

#newstr #Gbp/usd #BankOfEngland #UkGdp #UsEconomy #InterestRates 

 https://here.news/story/15296a3b?ver=0.44