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Tag Archives: gbp/usd

GBP/USD Above 1.32

The British Pound (GBP) is rising against the US Dollar (USD), on the back of the latter’s decline. A surge in inflation in the UK and anticipation for a trade deal between London and the European Union (EU) are providing support for the GBP, while an increase in jobless claims …

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GBP/USD Keep Gains Near Weeks High

The GBP/USD rose for the third straight session on Tuesday as the USD continued to sell on the optimism about Covid-19 vaccine and the European Recovery Fund agreement, which weakens the US dollar as a safe haven. GBP/USD jumped to more than 1.2700 levels, six-week highs, but then retreated somewhat. …

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