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Posted by
Two Blokes Jun 18 -
Filed in
Forex
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2 views
The GBP/USD outlook has become increasingly murky as geopolitical tensions in the Middle East concerns Iran, Israel, and now, the US, have helped to fuel a bit of a dollar recovery this week, while weakness in UK data has raises the probability of a BoE rate cut come August. Making things more interesting, both the Federal Reserve and Bank of England will be making their rate decisions within the next 24 hours or so.