The British Pound (GBP) is currently trading slightly above break-even against the US Dollar (USD) at 1.2739, despite retreating from a two-month high earlier in the day. This follows the release of a hotter-than-expected UK inflation report. Market Reaction to UK CPI Data: Technical Analysis (GBP/USD): The GBP/USD’s near-term direction hinges on market perception of […]
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