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GBP/USD whipsaws around 1.2800 as UK inflation favors BoE hawks, focus on Fed Chair Powell

GBP/USD whipsaws around 1.2800 as UK inflation favors BoE hawks, focus on Fed Chair Powell

GBP/USD jumps 60 pips to pierce 1.2800 before retreating to 1.2760 as market players reassess the UK inflation data heading into Wednesday’s London op…
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