GBP/USD Price Analysis: Dollar Rises in Wake of Inflation Data
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#15296a3b ver:0.62

The GBP/USD exchange rate is supported by a weaker US Dollar, as US economic growth slows and UK inflation eases. However, the US Dollar may strengthen due to concerns about inflation, while expectations of a Bank of England rate cut have decreased. Technical analysis suggests a bearish sentiment for GBP/USD, with a potential decline if the price breaks below the 1.2700 support level. #GBPUSD #inflation #USDollar #BankofEngland #technicalanalysis...

#newstr #Gbp/usd #UsDollar #InflationData #RateCutExpectations 

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