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GBP/USD – Pound Dips Below 1.32 Despite Improved CPI

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 19, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The British pound has posted considerable losses on Tuesday, erasing the gains from the Monday session. GBP/USD is currently trading at the 1.32 level. On the release front, the UK released a host of consumer inflation indicators, led by CPI. The index posted a respectable gain of 0.5%, beating the[​IMG]

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