GBP/USD: Cable Weakens on Downbeat UK Earnings Data, Inflation Report in Focus : vimarsana.com

GBP/USD: Cable Weakens on Downbeat UK Earnings Data, Inflation Report in Focus

Cable pulls back in European trading on Tuesday, erasing a good part of Monday’s 0.65% jump, pressured by weaker than expected UK pay growth data, which increases pressure on those advocating for another BoE rate hike.

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