HamedMarkets

GBPUSD: Still maintaining recovery momentum

Short
HamedMarkets Updated   
FX:GBPUSD   British Pound / U.S. Dollar
GBP/USD rose firmly above 1.2700 in quiet trading on Wednesday as GBP traders braced for Thursday's latest outing from the Bank of England, which is expected to hold gains yields stayed at 5.25% even as UK economic data continued to miss the target, but not so badly as to raise fears of an outright recession.
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