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GBPUSD faltered below the 1.29 psychological level before seeing a sharp recovery, after the Bank of England surprised markets with a 50-basis point inter-meeting rate cut. Likewise, EURGBP's presence above 0.88 was swift but temporary. Sterling is currently weaker against all of its G10 counterparts, except for the US Dollar.[[{"fid":"10964","view_mode":"default","fields":{"format":"default","field_file_image_alt_text[und][0][value]":false,"field_file_image_title_text[und][0][value]":false},"type":"media","field_deltas":{"1":{"format":"default","field_file_image_alt_text[und][0][... Read More

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