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The British pound is lower on Wednesday following the UK inflation report. In the European session, GBP/USD is trading at 1.2897, down 0.36%. UK inflation surprises on the downside at 2.8% UK inflation for February rose 2.8% y/y, below the market estimate of 2.9%. This was lower than the 3% gain in January. The main […]

The post UK Inflation Cools More Than Expected, Pound Loses Ground appeared first on Action Forex.

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