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GBP rises vs USD despite strong US GDP

The Pound Sterling appreciates against the US Dollar on Thursday despite solid US economic data showing GDP exceeding estimates, higher inflation, and a robust job market. GBP/USD trades at 1.3340, up 0.19%.

Original · FXStreet AI summary of public reporting

Why: BoE rate hike bets support GBP

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At publication → Current
GBP1.337 → 1.337−0.0%
GBP rises vs USD despite strong US GDP | SignalHub