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GBPUSD

Weak UK Retail Sales Data Drives GBP/USD Lower as Consumer Spending Declines
October 20 2023

Weak UK Retail Sales Data Drives GBP/USD Lower as Consumer Spending Declines

The Pound Sterling (GBP) retreated after the UK Office for National Statistics (ONS) reported weak Retail Sales data for September.

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GBP/USD Struggles Following BoE Uncertainty and US Dollar Strength
October 19 2023

GBP/USD Struggles Following BoE Uncertainty and US Dollar Strength

The GBP/USD pair is struggling to gain momentum on Thursday, it’s hovering near the lower end of a one-week trading range as it awaits a new catalyst before making a significant move.

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The US Dollar (USD) had been doing well recently
October 16 2023

The US Dollar (USD) had been doing well recently

The US Dollar (USD) had been doing well recently after the US Consumer Price Index (CPI) report, but now it's not so strong at the beginning of the week. This is affecting the USD/JPY pair. Some Federal Reserve (FED) officials have suggested that the FED might delay raising interest rates in November because treasury bond yields have gone up a lot, making it harder for people to borrow money.

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GBP/USD Rebounds Despite Weak UK Data
October 13 2023

GBP/USD Rebounds Despite Weak UK Data

The GBP/USD pair rebounded from losses driven by positive US economic data.

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Pound Maintains Bullish Stance Amid Weak UK Factory Data
October 12 2023

Pound Maintains Bullish Stance Amid Weak UK Factory Data

The Pound Sterling (GBP) continues to hold its ground in spite of weak UK factory data for August.

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Pound Holds Near 1.2300 as Dollar Weakens Due to Falling Bond Yields
October 11 2023

Pound Holds Near 1.2300 as Dollar Weakens Due to Falling Bond Yields

The pound is maintaining its gains just below 1.2300, after stepping back from a nearly three-week high of 1.2304 level.

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Sterling Holds Steady Around 1.2200 with Limited DXY Demand
October 10 2023

Sterling Holds Steady Around 1.2200 with Limited DXY Demand

The British pound has maintained relative stability, hovering around the mid-1.2200 level.

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GBP/USD Faces Sell-Off Due to Israel-Hamas Conflict
October 09 2023

GBP/USD Faces Sell-Off Due to Israel-Hamas Conflict

The Pound Sterling (GBP) faced a sell-off due to the Israel-Hamas conflict, causing a drop in the GBP/USD pair.

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The Pound's Challenge During Economic Uncertainty
October 06 2023

The Pound's Challenge During Economic Uncertainty

The Pound Sterling (GBP) is facing challenges as it hovers around 1.2196 due to uncertainty regarding the UK's economic outlook.

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