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Posted by
Two Blokes Jun 12 -
Filed in
Forex
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3 views
GBP/USD found some bullish tailwinds on Wednesday, erasing the previous session's gains and climbing back into the 1.3550 level. Cooler-than-expected US Consumer Price Index (CPI) inflation figures from the initial post-tariff reference period bolstered investor hopes for Federal Reserve (Fed) interest rate cuts later this year, and US Producer Price Index (PPI) business-level inflation will follow up on Thursday.
