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British Pound clings to 1.3300 as UK inflation test threatens recovery

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British Pound clings to 1.3300 as UK inflation test threatens recovery

The Pound Sterling holds steady against the US Dollar at the start of the week, yet the ongoing downtrend is poised to continue unless this week’s UK inflation data reflects elevated energy prices due to the US-Iran conflict. The GBP/USD holds above 1.3300, up 0.07%.

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