Thursday , 19 September 2024
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GBP rebounds from mid-1.31s – Scotiabank

UK CPI data that came earlier dampened already low BoE easing expectations for the upcoming meeting, while the Pound Sterling (GPB) pushed higher on the data to retest yesterday’s highs in the low 1.32s, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

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