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GBP/USD Overview – May 22: The Market Once Again Responds Clearly to Trump
The GBP/USD currency pair continued to
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The GBP/USD currency pair continued to move north on Wednesday, even though, at first glance, there appeared to be no apparent reason for it. Yes, the inflation report—the only release of the day—in the UK showed a nearly 1% year-over-year jump, which is undoubtedly a positive factor for the British currency as it significantly reduces the likelihood of another round of monetary easing by the Bank of England in 2025. However, the pound sterling has been doing just fine without
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