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GBP consolidates above 1.3400 on USD weakness

The British Pound keeps heading higher against a weaker US Dollar on Thursday as markets brace for Federal Reserve policy next week, while conditions are set for a Bank of England rate hike in November.

Original · FXStreet AI summary of public reporting

Why: BoE hike expectations → GBP strength

GBP

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At publication → Current
GBP1.341 → 1.338−0.2%
GBP consolidates above 1.3400 on USD weakness | SignalHub