Pound Sterling Rallies as US Dollar Weakens Ahead of Fed Powell’s Speech

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The Pound Sterling (GBP) staged a strong recovery on Tuesday, bouncing back from a recent dip to 1.2620 against the US Dollar (USD). This rebound came as the US Dollar surrendered some of its gains, despite growing anticipation for Federal Reserve (Fed) Chair Jerome Powell’s upcoming speech and Friday’s Nonfarm Payrolls (NFP) data release. Market […]