The British Pound (GBP) has strengthened to near 1.3500 against the US Dollar (USD) in early Asian trading hours on Thursday.
This gain comes as a tame reading of the US inflation report caused the USD to soften against the GBP.
Traders are now looking ahead to key economic data releases, including the preliminary UK Gross Domestic Product (GDP) for Q2 and the US Producer Price Index (PPI).
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