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  1. Strong U.K. CPI Report to Fuel Larger GBP/USD Recovery

    by , 10-18-2016 at 08:11 AM
    Trading the News: U.K. Consumer Price Index (CPI)

    A material pickup in both the headline and core U.K. Consumer Price Index (CPI) may sap the bearish sentiment surrounding the British Pound and spark a larger recovery in GBP/USD especially as a growing number of Bank of England (BoE) officials see a greater threat of overshooting the 2% target for inflation.

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