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GBP/USD Braces for High Volatility Ahead of Crucial Economic Data Releases

GBPUSD Likely to Experience High Volatility Amid GDP and PCE News The value of the British Pound (GBP) and the US Dollar (USD) has fluctuated widely over the previous week in response to critical economic data and events. The recent UK inflation print slowed progress toward the rate hike the Bank of England and the Federal Reserve announced. Both the annual inflation rate and the Core CPI came in higher than expected at 10.4% and 6.2%, respectively.(Read more) READ MORE