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GBP/USD is consolidating around 1.2447 on Wednesday as traders hold back, awaiting key UK economic data releases later this week. Key factors influencing GBP/USD Earlier this week, the British pound faced pressure after Bank of England (BoE) policymaker Catherine Mann shifted to a more dovish stance. She stated that weak domestic demand reduces inflation risks, […]

The post Pound’s Rally Stalls as Investors Await Fresh Economic Data appeared first on Action Forex.

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