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Posted by
Two Blokes Jun 27 -
Filed in
Forex
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The GBP/USD retreats by over 0.10% after hitting a near four-year high of 1.3770 on Thursday, dipping to 1.3700 as the US Dollar recovers some ground following the release of the US Core Personal Consumption Expenditures (PCE) Price Index for May. This, along with an improvement in Consumer sentiment among US households, provides a lifeline to the buck.
