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GBP/USD Overview. February 9. The British Pound Recovers from the Bank of England's Blow
The GBP/USD currency pair actively recovered
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The GBP/USD currency pair actively recovered on Friday. While the euro stagnated throughout the previous week, the pound traded quite actively. There were reasons for this, though they were formal nonetheless. Recall that the Bank of England made the expected decision to keep its monetary policy parameters unchanged. Still, Andrew Bailey warned about the possibility of accelerating inflation in the coming months amid higher economic growth rates at the beginning of the year. Although it would have been more logical
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Paolo Greco,
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