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The British pound continues to lose ground on Wednesday. In the European session, GBP/USD is trading at 1.2546, down 0.35%. UK inflation holds steady at 4.0% The January inflation report showed that inflation didn’t budge but was lower than expected. UK CPI in January didn’t move the needle and held at 4.0% y/y, unchanged from […]

The post Pound Extends Losses After UK Inflation Unchanged appeared first on Action Forex.

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09/04/2024

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