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Bank of England

GBP/USD Drops Following Bank of England’s Indication of Fewer Future Rate Increases

February 21, 2023February 2, 2023 by Shams ul Zoha

GBPUSD Chart

GBP/USD dropped following Bank of England’s indication of fewer future rate increases and revised economic forecasts.

Categories Forex, Technical Analysis Tags Bank of Canada, Bank of England, British pound, Consumer Price Index, Economic Forecasts, GDP, Inflation Management, Monetary Policy Committee, recession, US Dollar

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