GBP/USD Trades in Narrow Range Amid Lack of Data
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#15296a3b ver:0.57

GBP/USD trades in narrow range amid lack of data. UK and US macroeconomic data absence hampers momentum for GBP exchange rates. BoE postpones public appearances, leading to reassessment of interest rate cut expectations. US Dollar struggles for direction, but hawkish comments from Kashkari bolster USD. US core PCE price index on Friday may reinforce possibility of Fed rate hike, strengthening USD. No UK data expected, Pound likely to trade with risk appetite. Positive sentiment may support GBP, while shift to safer assets could pressure Pound. #GBPUSD #forex #economy...

#newstr #Gbp/usd #ExchangeRate #BankOfEngland #InterestRates #UsDollar #FederalReserve #Inflation #UkEconomicData #RiskAppetite 

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