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Euro weakens against British Pound on soft German Retail Sales, traders await BoE rate decision

FXStreetUnited Kingdom

Euro weakens against British Pound on soft German Retail Sales, traders await BoE rate decision

The EUR/GBP cross trades with mild losses around 0.8345 during the early European trading hours on Tuesday. The British Pound (GBP) strengthens against the Euro (EUR) amid hawkish rate expectations from the Bank of England (BoE).

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