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GBP Holds Steady Against USD Amid Macro Release Anticipation

Guavy AI Editorial Team
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USD GBP
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The British Pound (GBP) held steady against the US Dollar (USD) on Tuesday, following softer-than-expected US jobs data. Despite financial markets pricing out a near-term interest rate hike by the Bank of England (BoE), the GBP maintained its two-day gains.

The GBP/USD pair currently trades at 1.3508, nearly unchanged from Monday's close. Investors are waiting for key macro releases this week, including US inflation data on Wednesday and UK GDP figures on Thursday.

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