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The GBP/USD trends upwards as the US Dollar (USD) experiences downward pressure, influenced by market sentiment leaning towards the anticipation of a Federal Reserve rate cut in the upcoming March meeting.
GBP/JPY receives upward support ahead of the release of Retail Sales data from the United Kingdom (UK) due on Friday.
Bank of England (BoE) policymaker and Monetary Policy Committee (MPC) member Catharine L Mann hit newswires on Thursday while discussing her policy outlook at an economic policy conference at the Annual National Association for Business Economics.