GBP/USD fell for the fifth consecutive day, reaching 1.3445. The slowdown in headline price growth has boosted expectations of an imminent rate cut by the Bank of England, although underlying price pressures remain robust. Annual inflation in January slowed to 3.0% from 3.4% in December, in line with forecasts. However, inflation in the services sector, […]
The post GBP/USD: Slide Enters Fifth Consecutive Day appeared first on ActionForex.
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