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GBP/USD retraces the decline from the start of the week as Federal Reserve Jerome Powell tells US lawmakers that ‘we do not need to be in a hurry to adjust our policy stance’, and it seems as though ...

CPI data surprised markets with a 3% rise as Powell warns inflation risks persist. Explore GBP/USD and EUR/USD outlook.

The GBP/USD exchange rate pulled back slightly after the Federal Reserve interest rate decision and US GDP data. It dropped to a low of 1.2400, down from this week’s high of 1.2500 as focus shifts to ...

Investing.com - The US dollar rose Thursday, bouncing from recent lows, while sterling headed lower ahead of the latest Bank of England policy-setting meeting. At 04:10 ET (09:10 ...

Sustained USD weakness helped the Pound Sterling build on its recovery momentum, driving GBP/USD to test the 1.2550 level – its highest point in a month. The turnaround, however, was short-lived as ...