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Posted by
Two Blokes May 20 -
Filed in
Forex
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The Pound Sterling (GBP) registered modest gains versus the US Dollar (USD) on Tuesday, capped by the rise of US Treasury bond yields as news of a United Kingdom (UK)-European Union (EU) trade agreement boosts the prospects of the UK's currency. Nevertheless, the Federal Reserve's (Fed) hawkish stance kept GBP/USD from reaching the 1.3400 figure, and it traded at 1.3371 at the time of writing.
