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Near-term support to GBP set to fade – Danske Bank

The Pound Sterling (GBP) has benefitted from a sharp repricing of the Bank of England.

United kingdomEconomists at danske bankPound sterlingDanske bankEuro area

UK GDP slumps to -0 3%, putting pressure on the BoE

Japan falls into recession, with Q3 revision highlighting dour growth picture.

United kingdom

Pound Sterling: The new strength is still fragile – Commerzbank

The Pound Sterling (BP) was the only currency to hold up reasonably well against the US Dollar on Tuesday.

United kingdomUnited kingdom office for national statisticsPound sterlingNational statistics

EUR/GBP remains under selling pressure above 0 8500 following UK labor market data

The EUR/GBP cross faces some selling pressure during the early European trading hours on Tuesday.

United kingdomFabio panettaAndrew baileyUnited kingdom office for national statistics onEuropean central bankBritish poundUnited kingdom officeNational statisticsUnited kingdom employment changeJanuary consumer price indexPound sterlingGoverning councilProducer price indexRetail sales

Pound Sterling likely to derive support from upbeat jobs data – MUFG

Pound Sterling (GBP) bid after stronger wages/employment data.

Andrew baileyPound sterlingAverage weekly earnings

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